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STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME (LOSS) (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Statement Of Income And Comprehensive Income [Abstract]        
Sales $ 971 $ 870 $ 2,787 $ 2,380
Cost of sales 681 635 1,993 1,729
Gross profit 290 235 794 651
Selling, general and administrative expense 203 182 537 494
Research and development expense 21 20 64 61
Equity and other income 0 4 7 9
Operating income 66 37 200 105
Net interest and other financing expense 33 51 93 203
Other net periodic benefit income 0 0 1 3
Net loss on acquisitions and divestitures (2) (6) (3) (7)
Income (loss) from continuing operations before income taxes 31 (20) 105 (102)
Income tax expense (benefit) (5) (4) 10 (49)
Income (loss) from continuing operations 36 (16) 95 (53)
Income (loss) from discontinued operations (net of income taxes) 0 (14) 9 138
Net income (loss) 36 (30) 104 85
Net income attributable to noncontrolling interest [1] 0 3 0 27
Net income (loss) attributable to Ashland $ 36 $ (33) $ 104 $ 58
Basic earnings per share - Note L        
Income (loss) from continuing operations $ 0.57 $ (0.26) $ 1.51 $ (0.85)
Income (loss) from discontinued operations attributable to Ashland 0 (0.28) 0.16 1.78
Net income (loss) attributable to Ashland 0.57 (0.54) 1.67 0.93
Diluted earnings per share - Note L        
Income (loss) from continuing operations 0.56 (0.26) 1.49 (0.85)
Income (loss) from discontinued operations attributable to Ashland 0 (0.28) 0.15 1.78
Net income (loss) attributable to Ashland $ 0.56 $ (0.54) $ 1.64 $ 0.93
COMPREHENSIVE INCOME (LOSS)        
Net income (loss) $ 36 $ (30) $ 104 $ 85
Other comprehensive income (loss), net of tax        
Unrealized translation gain (loss) (140) 105 (82) 19
Pension and postretirement obligation adjustment 0 0 0 (4)
Net change in available-for-sale securities 2 4 4 10
Other comprehensive income (loss) (138) 109 (78) 25
Comprehensive income (loss) (102) 79 26 110
Comprehensive income attributable to noncontrolling interest 0 3 0 27
Comprehensive income (loss) attributable to Ashland $ (102) $ 76 $ 26 $ 83
[1] For the three and nine months ended June 30, 2017, this represents the income attributable to the previous noncontrolling interest in Valvoline Inc., whose results are now included within discontinued operations. See Note B for more information.