v3.26.1
Earnings (Loss) Per Share - Computation of Basic and Diluted Earnings (Loss) per Share (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Numerator        
Numerator for basic and diluted EPS - Income (loss) from continuing operations, net of tax $ 41 $ (719) $ 42 $ (855)
Denominator        
Denominator for basic EPS - Weighted-average common shares outstanding 46 46 46 47
Share based awards convertible to common shares [1] 0 0 0 0
Denominator for diluted EPS - Adjusted weighted-average shares and assumed conversions 46 46 46 47
EPS from continuing operations        
Basic $ 0.89 $ (15.7) $ 0.91 $ (18.39)
Diluted [1] $ 0.89 $ (15.7) $ 0.91 $ (18.39)
[1] As a result of the loss from continuing operations attributable to Ashland during the three and nine months ended June 30, 2025, the effect of the share-based awards convertible to common stock would be antidilutive and have been excluded from the diluted EPS calculation. Convertible shares for each of the applicable periods was less than $1 million.