v3.26.1
Accumulated Other Comprehensive Income (Loss) ("AOCI")
9 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
Accumulated Other Comprehensive Income (Loss) ("AOCI")

E. Accumulated Other Comprehensive Income (Loss) (“AOCI”)

Comprehensive income combines net income (loss) and other comprehensive income items, which are reported as components of stockholders’ equity in the accompanying Consolidated Balance Sheets.

Changes in each component of AOCI, net of tax, were as follows:

 

 

 

Currency
Translation
Adjustment

 

 

Pension and Other
Post-retirement
Benefit Liability
Adjustments

 

 

Total

 

 

 

(In millions)

 

Balance at September 30, 2025, attributable to Cabot Corporation

 

$

(316

)

 

$

(19

)

 

$

(335

)

Other comprehensive income (loss) before reclassifications

 

 

26

 

 

 

3

 

 

 

29

 

Amounts reclassified from AOCI

 

 

(1

)

 

 

 

 

 

(1

)

Less: Other comprehensive income (loss) attributable to
   noncontrolling interests

 

 

3

 

 

 

 

 

 

3

 

Balance at December 31, 2025, attributable to Cabot Corporation

 

$

(294

)

 

$

(16

)

 

$

(310

)

Other comprehensive income (loss) before reclassifications

 

 

(6

)

 

 

 

 

 

(6

)

Amounts reclassified from AOCI

 

 

 

 

 

 

 

 

 

Less: Other comprehensive income (loss) attributable to
   noncontrolling interests

 

 

 

 

 

 

 

 

 

Balance at March 31, 2026, attributable to Cabot Corporation

 

$

(300

)

 

$

(16

)

 

$

(316

)

Other comprehensive income (loss) before reclassifications

 

 

32

 

 

 

(3

)

 

 

29

 

Amounts reclassified from AOCI

 

 

(1

)

 

 

23

 

 

 

22

 

Less: Other comprehensive income (loss) attributable to
   noncontrolling interests

 

 

2

 

 

 

 

 

 

2

 

Balance at June 30, 2026, attributable to Cabot Corporation

 

$

(271

)

 

$

4

 

 

$

(267

)

 

 

 

 

Currency
Translation
Adjustment

 

 

Pension and Other
Post-retirement
Benefit Liability
Adjustments

 

 

Total

 

 

 

(In millions)

 

Balance at September 30, 2024, attributable to Cabot Corporation

 

$

(342

)

 

$

(18

)

 

$

(360

)

Other comprehensive income (loss) before reclassifications

 

 

(104

)

 

 

 

 

 

(104

)

Amounts reclassified from AOCI

 

 

 

 

 

 

 

 

 

Less: Other comprehensive income (loss) attributable to
   noncontrolling interests

 

 

(7

)

 

 

 

 

 

(7

)

Balance at December 31, 2024, attributable to Cabot Corporation

 

$

(439

)

 

$

(18

)

 

$

(457

)

Other comprehensive income (loss) before reclassifications

 

 

34

 

 

 

1

 

 

 

35

 

Amounts reclassified from AOCI

 

 

(1

)

 

 

(1

)

 

 

(2

)

Less: Other comprehensive income (loss) attributable to
   noncontrolling interests

 

 

3

 

 

 

 

 

 

3

 

Balance at March 31, 2025, attributable to Cabot Corporation

 

$

(409

)

 

$

(18

)

 

$

(427

)

Other comprehensive income (loss) before reclassifications

 

 

76

 

 

 

 

 

 

76

 

Amounts reclassified from AOCI

 

 

 

 

 

 

 

 

 

Less: Other comprehensive income (loss) attributable to
   noncontrolling interests

 

 

4

 

 

 

 

 

 

4

 

Balance at June 30, 2025, attributable to Cabot Corporation

 

$

(337

)

 

$

(18

)

 

$

(355

)

 

 

 

The amounts reclassified out of AOCI and into the Consolidated Statements of Operations in each of the three and nine months ended June 30, 2026 and 2025 are as follows:

 

 

 

Affected Line Item in the Consolidated

 

Three Months Ended June 30

 

 

Nine Months Ended June 30

 

 

 

Statements of Operations

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

(In millions)

 

 

 

 

 

 

 

Derivatives: net investment hedges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Gains) losses reclassified to interest
   expense

 

Interest expense

 

$

(1

)

 

$

(1

)

 

$

(4

)

 

$

(4

)

(Gains) losses excluded from effectiveness testing and amortized to interest expense

 

Interest expense

 

 

 

 

 

1

 

 

 

1

 

 

 

2

 

Pension and other postretirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Settlement loss

 

Other income (expense)

 

 

29

 

 

 

 

 

 

29

 

 

 

 

Amortization of actuarial losses and prior service cost (credit)

 

Other income (expense)

 

 

 

 

 

 

 

 

 

 

 

(1

)

Total before tax

 

 

 

$

28

 

 

$

 

 

$

26

 

 

$

(3

)

 

U.K. Plans Termination

In fiscal 2023, the Company commenced the plan termination process for the Cabot Carbon Limited Pension Plan and Carbon Plastics Pension Plan and completed the transfer of the pension assets and liabilities in the third quarter of fiscal 2026. The pension liabilities were settled through purchased annuities, which did not require any additional cash contribution from the Company. As a result of the plan terminations, the Company recognized a $29 million settlement loss and a $1 million charge for costs associated with returning surplus pension assets to the Company, which were both recorded in Other income (expense) in the Consolidated Statements of Operations in the third quarter of fiscal 2026.