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Debt and Other Financing Activities (Tables) | 6 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
Summary of Current and Long-term Debt | The following table summarizes Ashland’s current and long-term debt as of the dates reported in the Condensed Consolidated Balance Sheets.
(In millions) |  | March 31, 2022 |  |  | September 30, 2021 |
3.375% Senior Notes, due 2031 |  | $ | 450 |  |  | $ | 450 |
2.00% Senior Notes, due 2028 (Euro 500 million principal) |  |  | 558 |  |  |  | 580 |
6.875% notes, due 2043 |  |  | 282 |  |  |  | 282 |
Term loan A |  |  | — |  |  |  | 250 |
Accounts receivable securitizations |  |  | — |  |  |  | 117 |
6.50% junior subordinated notes, due 2029 |  |  | 59 |  |  |  | 57 |
Revolving credit facility |  |  | — |  |  |  | 225 |
Other (a) |  |  | (13 | ) |  |  | 9 |
Total debt |  |  | 1,336 |  |  |  | 1,970 |
Short-term debt (includes current portion of long-term debt) |  |  | — |  |  |  | (374 | )
Long-term debt (less current portion) |  | $ | 1,336 |  |  | $ | 1,596 |
(a) Includes $16 million and $17 million of debt issuance cost discounts as of March 31, 2022 and September 30, 2021, respectively. Additionally, at September 30, 2021, Other included a European short-term loan facility with an outstanding balance of $23 million.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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