XML 41 R27.htm IDEA: XBRL DOCUMENT
v3.23.2

Accumulated Other Comprehensive Income (Loss) ("AOCI") (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2023
Equity [Abstract] |
Changes in Each Component of AOCI, Net of Tax | Changes in each component of AOCI, net of tax, were as follows:
|  | Currency Translation Adjustment |  |  | Pension and Other Postretirement Benefit Liability Adjustments |  |  | Total |
|  | (In millions) |
Balance at September 30, 2022, attributable to Cabot Corporation |  | $ | (429 | ) |  | $ | (10 | ) |  | $ | (439 | )
Other comprehensive income (loss) before reclassifications |  |  | 88 |  |  |  | — |  |  |  | 88 |
Amounts reclassified from AOCI |  |  | (1 | ) |  |  | — |  |  |  | (1 | )
Less: Other comprehensive income (loss) attributable to noncontrolling interests |  |  | 6 |  |  |  | — |  |  |  | 6 |
Balance at December 31, 2022, attributable to Cabot Corporation |  |  | (348 | ) |  |  | (10 | ) |  |  | (358 | )
Other comprehensive income (loss) before reclassifications |  |  | 49 |  |  |  | — |  |  |  | 49 |
Amounts reclassified from AOCI |  |  | (1 | ) |  |  | (1 | ) |  |  | (2 | )
Less: Other comprehensive income (loss) attributable to noncontrolling interests |  |  | 3 |  |  |  | — |  |  |  | 3 |
Balance at March 31, 2023, attributable to Cabot Corporation |  | $ | (303 | ) |  | $ | (11 | ) |  | $ | (314 | )
Other comprehensive income (loss) before reclassifications |  |  | (20 | ) |  |  | 1 |  |  |  | (19 | )
Amounts reclassified from AOCI |  |  | (1 | ) |  |  | (1 | ) |  |  | (2 | )
Less: Other comprehensive income (loss) attributable to noncontrolling interests |  |  | (6 | ) |  |  | — |  |  |  | (6 | )
Balance at June 30, 2023, attributable to Cabot Corporation |  | $ | (318 | ) |  | $ | (11 | ) |  | $ | (329 | )
Amounts Reclassified Out of AOCI | The amounts reclassified out of AOCI and into the Consolidated Statements of Operations in each of the three and nine months ended June 30, 2023 and 2022 were are follows:
|  | Affected Line Item in the Consolidated |  | Three Months Ended June 30 |  |  | Nine Months Ended June 30 |
|  | Statements of Operations |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
|  |  |  | (In millions) |  |  |  |  |  |  |
Derivatives: net investment hedges |  |  |  |  |  |  |  |  |  |  |  |  |  |
(Gains) losses reclassified to interest expense |  | Interest expense |  | $ | (1 | ) |  | $ | (1 | ) |  | $ | (4 | ) |  | $ | (4 | )
(Gains) losses excluded from effectiveness testing and amortized to interest expense |  | Interest expense |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 1 |
Release of currency translation adjustment |  | Loss on sale of business and asset impairment charge |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 33 |
Pension and other postretirement |  |  |  |  |  |  |  |  |  |  |  |  |  |
Release of actuarial losses and prior service cost (credit) |  | Loss on sale of business and asset impairment charge |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |
Amortization of actuarial losses and prior service cost (credit) |  | Other income (expense) |  |  | (1 | ) |  |  | 1 |  |  |  | (2 | ) |  |  | 1 |
Total before tax |  |  |  | $ | (2 | ) |  | $ | — |  |  | $ | (5 | ) |  | $ | 32 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration