10-Q Filing

FRANKLIN RESOURCES INC CIK: 38777 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000038777-21-000094`
Period End Date	20210331
Filing Date	20210504
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	ben-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 83 Cash Flow Statement 104 Stockholders Equity 67 Comprehensive Income 38

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Investments, at fair value	`InvestmentsFairValueDisclosure`	$504.80M	USD	Point-in-time
Investments, at fair value	`InvestmentsFairValueDisclosure`	$554.30M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	495.12M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	504.34M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	495.12M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	504.34M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.96B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.96B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.36B	USD	Point-in-time
Receivables	`AccountsReceivableNet`	$1.20B	USD	Point-in-time
Receivables	`AccountsReceivableNet`	$1.29B	USD	Point-in-time
Investments	`Investments`	$1.27B	USD	Point-in-time
Investments	`Investments`	$1.43B	USD	Point-in-time
Investments, at fair value	`InvestmentsFairValueDisclosure`	$504.80M	USD	Point-in-time
Investments, at fair value	`InvestmentsFairValueDisclosure`	$554.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$768.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$813.80M	USD	Point-in-time
Goodwill	`Goodwill`	$4.52B	USD	Point-in-time
Goodwill	`Goodwill`	$4.50B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.81B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.91B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$498.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$534.80M	USD	Point-in-time
Other	`OtherAssets`	$276.40M	USD	Point-in-time
Other	`OtherAssets`	$319.50M	USD	Point-in-time
Total Assets	`Assets`	$21.87B	USD	Point-in-time
Total Assets	`Assets`	$20.22B	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$1.06B	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$1.05B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$443.20M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$426.90M	USD	Point-in-time
Commissions	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$279.30M	USD	Point-in-time
Commissions	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$268.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxes`	$703.30M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxes`	$664.40M	USD	Point-in-time
Debt	`LongTermDebt`	$3.02B	USD	Point-in-time
Debt	`LongTermDebt`	$3.49B	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$305.30M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$289.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$571.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$621.00M	USD	Point-in-time
Other	`OtherLiabilities`	$456.10M	USD	Point-in-time
Other	`OtherLiabilities`	$507.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.71B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.37B	USD	Point-in-time
Commitments and Contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$815.70M	USD	Point-in-time
Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$541.90M	USD	Point-in-time
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 504,341,424 and 495,116,677 shares issued and outstanding at March 31, 2021 and September 30, 2020	`CommonStockValue`	$49.50M	USD	Point-in-time
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 504,341,424 and 495,116,677 shares issued and outstanding at March 31, 2021 and September 30, 2020	`CommonStockValue`	$50.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.86B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.47B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-376.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-476.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-314.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-348.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-431.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-407.60M	USD	Point-in-time
Total Franklin Resources, Inc. stockholders equity	`StockholdersEquity`	$10.11B	USD	Point-in-time
Total Franklin Resources, Inc. stockholders equity	`StockholdersEquity`	$10.56B	USD	Point-in-time
Nonredeemable noncontrolling interests	`MinorityInterest`	$1.12B	USD	Point-in-time
Nonredeemable noncontrolling interests	`MinorityInterest`	$859.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.83B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.68B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.42B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.62B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.75B	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$21.87B	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$20.22B	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.07B	USD	2 Qtrs
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.70B	USD	2 Qtrs
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.31B	USD	1 Quarter
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.08B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$755.10M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$1.46B	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$732.30M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$365.70M	USD	1 Quarter
Sales, distribution and marketing	`SellingAndMarketingExpense`	$867.80M	USD	2 Qtrs
Sales, distribution and marketing	`SellingAndMarketingExpense`	$423.90M	USD	1 Quarter
Sales, distribution and marketing	`SellingAndMarketingExpense`	$541.80M	USD	1 Quarter
Sales, distribution and marketing	`SellingAndMarketingExpense`	$1.05B	USD	2 Qtrs
Information systems and technology	`CommunicationsAndInformationTechnology`	$234.00M	USD	2 Qtrs
Information systems and technology	`CommunicationsAndInformationTechnology`	$117.50M	USD	1 Quarter
Information systems and technology	`CommunicationsAndInformationTechnology`	$61.80M	USD	1 Quarter
Information systems and technology	`CommunicationsAndInformationTechnology`	$124.30M	USD	2 Qtrs
Occupancy	`OccupancyNet`	$68.90M	USD	2 Qtrs
Occupancy	`OccupancyNet`	$34.40M	USD	1 Quarter
Occupancy	`OccupancyNet`	$109.50M	USD	2 Qtrs
Occupancy	`OccupancyNet`	$53.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$9.20M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$57.90M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$116.10M	USD	2 Qtrs
General, administrative and other	`GeneralAndAdministrativeExpense`	$240.50M	USD	2 Qtrs
General, administrative and other	`GeneralAndAdministrativeExpense`	$162.30M	USD	2 Qtrs
General, administrative and other	`GeneralAndAdministrativeExpense`	$81.10M	USD	1 Quarter
General, administrative and other	`GeneralAndAdministrativeExpense`	$116.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$971.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.99B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$3.21B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.62B	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$456.30M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$339.90M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$712.80M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$865.40M	USD	2 Qtrs
Investment and other income (losses), net	`OtherNonoperatingIncomeExpense`	$67.10M	USD	1 Quarter
Investment and other income (losses), net	`OtherNonoperatingIncomeExpense`	$-113.10M	USD	2 Qtrs
Investment and other income (losses), net	`OtherNonoperatingIncomeExpense`	$-181.00M	USD	1 Quarter
Investment and other income (losses), net	`OtherNonoperatingIncomeExpense`	$144.30M	USD	2 Qtrs
Interest expense	`InterestExpense`	$45.60M	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.80M	USD	2 Qtrs
Interest expense	`InterestExpense`	$15.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.70M	USD	1 Quarter
Expenses of consolidated investment products	`OtherNonoperatingExpense`	$2.40M	USD	2 Qtrs
Expenses of consolidated investment products	`OtherNonoperatingExpense`	$1.10M	USD	1 Quarter
Expenses of consolidated investment products	`OtherNonoperatingExpense`	$2.70M	USD	1 Quarter
Other Income (Expenses), Net	`NonoperatingIncomeExpense`	$-164.30M	USD	2 Qtrs
Other Income (Expenses), Net	`NonoperatingIncomeExpense`	$157.20M	USD	1 Quarter
Other Income (Expenses), Net	`NonoperatingIncomeExpense`	$-237.00M	USD	1 Quarter
Other Income (Expenses), Net	`NonoperatingIncomeExpense`	$285.40M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$548.50M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.90M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.15B	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$613.50M	USD	1 Quarter
Taxes on income	`IncomeTaxExpenseBenefit`	$141.60M	USD	2 Qtrs
Taxes on income	`IncomeTaxExpenseBenefit`	$270.60M	USD	2 Qtrs
Taxes on income	`IncomeTaxExpenseBenefit`	$128.10M	USD	1 Quarter
Taxes on income	`IncomeTaxExpenseBenefit`	$44.10M	USD	1 Quarter
Net income	`ProfitLoss`	$58.80M	USD	1 Quarter
Net income	`ProfitLoss`	$406.90M	USD	2 Qtrs
Net income	`ProfitLoss`	$880.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$485.40M	USD	1 Quarter
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-19.50M	USD	2 Qtrs
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$30.70M	USD	2 Qtrs
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$12.00M	USD	1 Quarter
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-28.50M	USD	1 Quarter
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$122.40M	USD	2 Qtrs
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$91.60M	USD	1 Quarter
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$8.20M	USD	1 Quarter
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-3.20M	USD	2 Qtrs
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$381.80M	USD	1 Quarter
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$79.10M	USD	1 Quarter
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$429.60M	USD	2 Qtrs
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$727.10M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.16	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.42	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.86	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.74	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.16	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.86	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.42	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.74	USD	1 Quarter

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$58.80M	USD	1 Quarter
Net Income	`ProfitLoss`	$406.90M	USD	2 Qtrs
Net Income	`ProfitLoss`	$880.20M	USD	2 Qtrs
Net Income	`ProfitLoss`	$485.40M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$86.20M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$57.80M	USD	2 Qtrs
Amortization of deferred sales commissions	`AmortizationOfDeferredSalesCommissions`	$41.50M	USD	2 Qtrs
Amortization of deferred sales commissions	`AmortizationOfDeferredSalesCommissions`	$38.40M	USD	2 Qtrs
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$44.80M	USD	2 Qtrs
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$41.00M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$9.20M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$57.90M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$116.10M	USD	2 Qtrs
Losses (income) from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$-120.30M	USD	2 Qtrs
Losses (income) from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$45.90M	USD	1 Quarter
Losses (income) from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$-159.40M	USD	1 Quarter
Losses (income) from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$84.40M	USD	2 Qtrs
Net (gains) losses on investments of consolidated investment products	`GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts`	$-67.70M	USD	2 Qtrs
Net (gains) losses on investments of consolidated investment products	`GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts`	$140.50M	USD	2 Qtrs
Net purchase of investments by consolidated investment products	`PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts`	$287.50M	USD	2 Qtrs
Net purchase of investments by consolidated investment products	`PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts`	$359.90M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.60M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-16.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$41.90M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$2.60M	USD	2 Qtrs
Decrease (increase) in receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-4.10M	USD	2 Qtrs
Decrease (increase) in receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$115.50M	USD	2 Qtrs
Decrease (increase) in investments, net	`IncreaseDecreaseInTradingSecurities`	$-50.40M	USD	2 Qtrs
Decrease (increase) in investments, net	`IncreaseDecreaseInTradingSecurities`	$2.80M	USD	2 Qtrs
Decrease in accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.50M	USD	2 Qtrs
Decrease in accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-161.10M	USD	2 Qtrs
Increase (decrease) in commissions payable	`IncreaseDecreaseInPayablesToBrokerDealers`	$-26.70M	USD	2 Qtrs
Increase (decrease) in commissions payable	`IncreaseDecreaseInPayablesToBrokerDealers`	$11.30M	USD	2 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-127.00M	USD	2 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-38.90M	USD	2 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-12.90M	USD	2 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$45.60M	USD	2 Qtrs
Increase in accounts payable and accrued expenses of consolidated investment products	`IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts`	$22.80M	USD	2 Qtrs
Increase in accounts payable and accrued expenses of consolidated investment products	`IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts`	$23.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$141.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$505.40M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$243.30M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$365.10M	USD	2 Qtrs
Liquidation of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$207.80M	USD	2 Qtrs
Liquidation of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$193.00M	USD	2 Qtrs
Purchase of investments by consolidated collateralized loan obligations	`PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$80.50M	USD	2 Qtrs
Purchase of investments by consolidated collateralized loan obligations	`PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$881.40M	USD	2 Qtrs
Liquidation of investments by consolidated collateralized loan obligations	`LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$251.60M	USD	2 Qtrs
Liquidation of investments by consolidated collateralized loan obligations	`LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$16.90M	USD	2 Qtrs
Decrease in loans receivable, net	`ProceedsFromPaymentsForLoansReceivablefromRelatedParties`	-	USD	2 Qtrs
Decrease in loans receivable, net	`ProceedsFromPaymentsForLoansReceivablefromRelatedParties`	$42.70M	USD	2 Qtrs
Additions of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.80M	USD	2 Qtrs
Additions of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.50M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$19.80M	USD	2 Qtrs
Payments of contingent consideration asset	`PaymentsOfContingentConsiderationAsset`	$10.60M	USD	2 Qtrs
Payments of contingent consideration asset	`PaymentsOfContingentConsiderationAsset`	-	USD	2 Qtrs
Net (deconsolidation) consolidation of investment products	`CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts`	$-18.40M	USD	2 Qtrs
Net (deconsolidation) consolidation of investment products	`CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts`	$213.30M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.10M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-773.00M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$12.10M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$11.00M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$276.80M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$265.20M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$90.40M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$187.40M	USD	2 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$748.30M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.70M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment on debt	`RepaymentsOfDebt`	-	USD	2 Qtrs
Payment on debt	`RepaymentsOfDebt`	$250.00M	USD	2 Qtrs
Proceeds from loan	`ProceedsFromOtherDebt`	$200.00K	USD	2 Qtrs
Proceeds from loan	`ProceedsFromOtherDebt`	-	USD	2 Qtrs
Payments on loan	`RepaymentsOfSecuredDebt`	$200.00K	USD	2 Qtrs
Payments on loan	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Proceeds from debt of consolidated investment products	`ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts`	$69.90M	USD	2 Qtrs
Proceeds from debt of consolidated investment products	`ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts`	$464.10M	USD	2 Qtrs
Payment on debt of consolidated investment products	`PaymentsOnDebtByConsolidatedInvestmentProducts`	$184.90M	USD	2 Qtrs
Payment on debt of consolidated investment products	`PaymentsOnDebtByConsolidatedInvestmentProducts`	-	USD	2 Qtrs
Noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$306.50M	USD	2 Qtrs
Noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$245.30M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-64.10M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$659.90M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.80M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$14.90M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$78.20M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$407.20M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.96B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.04B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.96B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.36B	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$5.96B	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$6.04B	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.96B	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.36B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$258.20M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$319.20M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$62.80M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$10.60M	USD	2 Qtrs
Cash paid for interest by consolidated investment products	`CashInterestPaidByConsolidatedInvestmentProducts`	$10.40M	USD	2 Qtrs
Cash paid for interest by consolidated investment products	`CashInterestPaidByConsolidatedInvestmentProducts`	$1.10M	USD	2 Qtrs

Stockholders Equity 67 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.28	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.27	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.27	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.28	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$10.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$10.56B	USD	Point-in-time
Beginning balance	`MinorityInterest`	$1.12B	USD	Point-in-time
Beginning balance	`MinorityInterest`	$859.30M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.83B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.97B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.68B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.42B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.62B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.75B	USD	Point-in-time
Net income	`NetIncomeLoss`	$381.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$429.60M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$727.10M	USD	2 Qtrs
Net income (loss)	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$122.40M	USD	2 Qtrs
Net income (loss)	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$91.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$8.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-3.20M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$473.40M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$376.10M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$339.10M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$87.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-33.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-99.90M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$92.90M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-44.50M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$55.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$59.10M	USD	2 Qtrs
Dividends declared on common stock	`DividendsCommonStockCash`	$134.60M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$143.70M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$135.30M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$144.00M	USD	1 Quarter
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$123.60M	USD	1 Quarter
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$45.80M	USD	1 Quarter
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$64.60M	USD	1 Quarter
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$45.60M	USD	1 Quarter
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$16.00M	USD	1 Quarter
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$33.70M	USD	1 Quarter
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$14.20M	USD	1 Quarter
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$29.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-900.00K	USD	1 Quarter
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$89.70M	USD	1 Quarter
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$129.60M	USD	1 Quarter
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$28.20M	USD	1 Quarter
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$38.20M	USD	1 Quarter
Deconsolidation of investment products	`ConsolidationDeconsolidationOfInvestmentProducts`	$-31.60M	USD	1 Quarter
Deconsolidation of investment products	`ConsolidationDeconsolidationOfInvestmentProducts`	$-700.00K	USD	1 Quarter
Deconsolidation of investment products	`ConsolidationDeconsolidationOfInvestmentProducts`	$-600.00K	USD	1 Quarter
Adjustment to fair value of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$52.30M	USD	1 Quarter
Acquisition	`NoncontrollingInterestIncreaseFromBusinessCombination`	$19.00M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$10.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$10.56B	USD	Point-in-time
Ending balance	`MinorityInterest`	$1.12B	USD	Point-in-time
Ending balance	`MinorityInterest`	$859.30M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.83B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.97B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.68B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.42B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.62B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.75B	USD	Point-in-time

Comprehensive Income 38 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$58.80M	USD	1 Quarter
Net Income	`ProfitLoss`	$406.90M	USD	2 Qtrs
Net Income	`ProfitLoss`	$880.20M	USD	2 Qtrs
Net Income	`ProfitLoss`	$485.40M	USD	1 Quarter
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-44.50M	USD	2 Qtrs
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-102.50M	USD	1 Quarter
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-34.80M	USD	1 Quarter
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$58.70M	USD	2 Qtrs
Net unrealized gains (losses) on defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$1.00M	USD	1 Quarter
Net unrealized gains (losses) on defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$700.00K	USD	1 Quarter
Net unrealized gains (losses) on defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-200.00K	USD	2 Qtrs
Net unrealized gains (losses) on defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$400.00K	USD	2 Qtrs
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$200.00K	USD	2 Qtrs
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.90M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-33.80M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-99.90M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$92.90M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-44.50M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$55.40M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$59.10M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$939.30M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$362.40M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$451.60M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-41.10M	USD	1 Quarter
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-19.50M	USD	2 Qtrs
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$30.70M	USD	2 Qtrs
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$12.00M	USD	1 Quarter
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-28.50M	USD	1 Quarter
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$122.40M	USD	2 Qtrs
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$91.60M	USD	1 Quarter
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$8.20M	USD	1 Quarter
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-3.20M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$385.10M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$-20.80M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$786.20M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$348.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.