XML 93 R87.htm IDEA: XBRL DOCUMENT v3.26.1
Equity Items - Summary of Reconciliation of Changes in Stockholders' Equity (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Reconciliation Of Changes In Stockholders Equity [Line Items]        
Balance, beginning of period     $ 1,904  
Balance, end of period $ 1,866 $ 2,559 $ 1,866 $ 2,559
Cash dividends declared per common share $ 0.415 $ 0.405 $ 0.83 $ 0.81
Common Stock and Paid in Capital [Member]        
Reconciliation Of Changes In Stockholders Equity [Line Items]        
Balance, beginning of period $ 9 $ 2 $ 7 $ 1
Common shares issued under stock incentive and other plans [1] 4 5 6 6
Common shares purchased under repurchase program [2],[3] 0 (6) 0 (6)
Balance, end of period 13 1 13 1
Retained earnings [Member]        
Reconciliation Of Changes In Stockholders Equity [Line Items]        
Balance, beginning of period 2,268 3,131 2,298 3,315
Net income (loss) 16 31 4 (135)
Regular dividends (19) (19) (38) (38)
Common shares purchased under repurchase program [2],[3] 0 (95) 0 (95)
Other (1) 0 0 1
Balance, end of period 2,264 3,048 2,264 3,048
Accumulated other comprehensive loss [Member]        
Reconciliation Of Changes In Stockholders Equity [Line Items]        
Balance, beginning of period (399) (541) (401) (448)
Unrealized translation gain (loss) (12) 49 (10) (45)
Unrealized gain (loss) on commodity hedges 0 2 0 3
Balance, end of period $ (411) $ (490) $ (411) $ (490)
[1] Common stock issued were 25,386 and 52,993 for the three months ended March 31, 2026 and 2025, respectively, and 78,012 and 128,401 for the six months ended March 31, 2026 and 2025, respectively. Includes zero for both the three months ended March 31, 2026 and 2025, and $2 million and $3 million for the six months ended March 31, 2026 and 2025, respectively, associated with stock-based compensation employee withholding taxes.
[2] Common stock repurchased were zero for each of the three and six months ended March 31, 2026, and 1,541,320 for each of the three and six months ended March 31, 2025.
[3] Includes zero in excise tax on common stock repurchases for both the three and six months ended March 31, 2026, and $1 million for both the three and six months ended March 31, 2025. Ashland paid a total of $100 million for the three and six months ended March 31, 2025 for common stock repurchases.