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Stock Incentive Plans (Tables)
6 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Components of Pretax Stock-Based Compensation Expense Included in Continuing Operations

The components of Ashland’s pre-tax stock-based compensation expense included in continuing operations are as follows:

 

Three months ended

 

 

Six months ended

 

 

March 31

 

 

March 31

 

(In millions)

2026(a)

 

 

2025(b)

 

 

2026(a)

 

 

2025(b)

 

Stock appreciation rights

$

1

 

 

$

 

 

$

1

 

 

$

 

Nonvested stock awards

 

3

 

 

 

3

 

 

 

6

 

 

 

6

 

Performance share awards

 

1

 

 

 

2

 

 

 

3

 

 

 

3

 

 

$

5

 

 

$

5

 

 

$

10

 

 

$

9

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)
Included zero and $1 million of expense related to cash-settled nonvested restricted stock awards during the three and six months ended March 31, 2026, respectively, and zero and less than $1 million of expense related to cash-settled performance units during the three and six months ended March 31, 2026, respectively.
(b)
Included zero and $1 million of expense related to cash-settled nonvested restricted stock awards during the three and six months ended March 31, 2025, respectively, and zero and income of $1 million related to cash-settled performance units during the three and six months ended March 31, 2025, respectively.