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Discontinued Operations (Tables) | 3 Months Ended
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Dec. 31, 2018
Discontinued Operations And Disposal Groups [Abstract] |
Components of Consolidated Comprehensive Income (Loss) Related to Discontinued Operations | Components of amounts reflected in the Statements of Consolidated Comprehensive Income (Loss) related to discontinued operations are presented in the following table for the three months ended December 31, 2018 and 2017.
| Three months ended |
| December 31 |
(In millions) | 2018 |  |  | 2017 |
Income (loss) from discontinued operations (net of tax) |  |  |  |  |  |  |
Composites/Marl facility | $ | 25 |  |  | $ | 25 |
Valvoline |  | — |  |  |  | 3 |
Water Technologies |  | (1 | ) |  |  | — |
Distribution |  | (1 | ) |  |  | — |
| $ | 23 |  |  | $ | 28 |
The following table presents a reconciliation of the captions within Ashland's Statements of Consolidated Comprehensive Income (Loss) for the income (loss) from discontinued operations attributable to Composites and the Marl facility for the three months ended December 31, 2018 and 2017. Interest expense was allocated to discontinued operations based on Ashland’s mandatory debt prepayments upon the disposition of Composites and the Marl facility.
| Three months ended |
| December 31 |
(In millions) | 2018 |  |  | 2017 |
Income (loss) from discontinued operations attributable |  |  |  |  |  |  |
to Composites/Marl facility |  |  |  |  |  |  |
Sales | $ | 275 |  |  | $ | 261 |
Cost of sales |  | (217 | ) |  |  | (211 | )
Selling, general and administrative expense |  | (22 | ) |  |  | (17 | )
Research and development expense |  | (3 | ) |  |  | (2 | )
Equity and other income |  | 3 |  |  |  | 3 |
Pretax operating income of discontinued operations |  | 36 |  |  |  | 34 |
Net interest and other financing expense |  | (6 | ) |  |  | (4 | )
Pretax income of discontinued operations |  | 30 |  |  |  | 30 |
Income tax expense |  | (5 | ) |  |  | (5 | )
Income from discontinued operations | $ | 25 |  |  | $ | 25 |

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