10-K Filing

FRANKLIN RESOURCES INC CIK: 38777 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0000038777-21-000205`
Period End Date	20210930
Filing Date	20211119
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	ben-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 60 Cash Flow Statement 152 Stockholders Equity 53 Comprehensive Income 27

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Investments, at fair value	`InvestmentsFairValueDisclosure`	$504.80M	USD	Point-in-time
Investments, at fair value	`InvestmentsFairValueDisclosure`	$588.30M	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
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 outstanding	`CommonStockSharesOutstanding`	501.81M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	495.12M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	495.12M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	501.81M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.21B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.99B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.65B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.91B	USD	Point-in-time
Receivables	`AccountsReceivableNet`	$1.43B	USD	Point-in-time
Receivables	`AccountsReceivableNet`	$1.23B	USD	Point-in-time
Investments	`Investments`	$1.30B	USD	Point-in-time
Investments	`Investments`	$1.51B	USD	Point-in-time
Investments, at fair value	`InvestmentsFairValueDisclosure`	$504.80M	USD	Point-in-time
Investments, at fair value	`InvestmentsFairValueDisclosure`	$588.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$770.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$813.80M	USD	Point-in-time
Goodwill	`Goodwill`	$2.13B	USD	Point-in-time
Goodwill	`Goodwill`	$4.50B	USD	Point-in-time
Goodwill	`Goodwill`	$4.46B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.91B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.71B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$448.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$534.80M	USD	Point-in-time
Other	`OtherAssets`	$319.50M	USD	Point-in-time
Other	`OtherAssets`	$376.30M	USD	Point-in-time
Total Assets	`Assets`	$21.68B	USD	Point-in-time
Total Assets	`Assets`	$24.17B	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$1.18B	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$1.06B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$479.30M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$426.90M	USD	Point-in-time
Commissions	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$268.00M	USD	Point-in-time
Commissions	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$259.80M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxes`	$693.60M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxes`	$703.30M	USD	Point-in-time
Debt	`LongTermDebt`	$3.02B	USD	Point-in-time
Debt	`LongTermDebt`	$3.40B	USD	Point-in-time
Debt	`LongTermDebt`	$2.00B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$305.30M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$311.70M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$621.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$518.40M	USD	Point-in-time
Other	`OtherLiabilities`	$354.30M	USD	Point-in-time
Other	`OtherLiabilities`	$456.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.27B	USD	Point-in-time
Total liabilities	`Liabilities`	$11.42B	USD	Point-in-time
Commitments and Contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$933.00M	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;501,807,677 and 495,116,677 shares issued and outstanding at September 30, 2021 and 2020	`CommonStockValue`	$50.20M	USD	Point-in-time
Common stock, $0.10 par value, 1,000,000,000 shares authorized;501,807,677 and 495,116,677 shares issued and outstanding at September 30, 2021 and 2020	`CommonStockValue`	$49.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$11.55B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.47B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-431.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-377.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-407.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-370.60M	USD	Point-in-time
Total Franklin Resources, Inc. stockholders equity	`StockholdersEquity`	$11.22B	USD	Point-in-time
Total Franklin Resources, Inc. stockholders equity	`StockholdersEquity`	$10.11B	USD	Point-in-time
Nonredeemable noncontrolling interests	`MinorityInterest`	$754.60M	USD	Point-in-time
Nonredeemable noncontrolling interests	`MinorityInterest`	$587.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.21B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.54B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.87B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.81B	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$21.68B	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$24.17B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.57B	USD	Annual
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.43B	USD	Annual
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.67B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$1.58B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$1.87B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$2.97B	USD	Annual
Sales, distribution and marketing	`SellingAndMarketingExpense`	$2.11B	USD	Annual
Sales, distribution and marketing	`SellingAndMarketingExpense`	$1.82B	USD	Annual
Sales, distribution and marketing	`SellingAndMarketingExpense`	$1.70B	USD	Annual
Information systems and technology	`CommunicationsAndInformationTechnology`	$288.40M	USD	Annual
Information systems and technology	`CommunicationsAndInformationTechnology`	$258.50M	USD	Annual
Information systems and technology	`CommunicationsAndInformationTechnology`	$486.10M	USD	Annual
Occupancy	`OccupancyNet`	$218.10M	USD	Annual
Occupancy	`OccupancyNet`	$133.60M	USD	Annual
Occupancy	`OccupancyNet`	$147.90M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.70M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$232.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$54.00M	USD	Annual
General, administrative and other	`GeneralAndAdministrativeExpense`	$537.20M	USD	Annual
General, administrative and other	`GeneralAndAdministrativeExpense`	$450.30M	USD	Annual
General, administrative and other	`GeneralAndAdministrativeExpense`	$391.40M	USD	Annual
Total operating expenses	`OperatingExpenses`	$4.20B	USD	Annual
Total operating expenses	`OperatingExpenses`	$4.52B	USD	Annual
Total operating expenses	`OperatingExpenses`	$6.55B	USD	Annual
Operating Income	`OperatingIncomeLoss`	$1.05B	USD	Annual
Operating Income	`OperatingIncomeLoss`	$1.47B	USD	Annual
Operating Income	`OperatingIncomeLoss`	$1.88B	USD	Annual
Investment and other income (losses), net	`OtherNonoperatingIncomeExpense`	$141.40M	USD	Annual
Investment and other income (losses), net	`OtherNonoperatingIncomeExpense`	$264.70M	USD	Annual
Investment and other income (losses), net	`OtherNonoperatingIncomeExpense`	$-38.40M	USD	Annual
Interest expense	`InterestExpense`	$22.40M	USD	Annual
Interest expense	`InterestExpense`	$33.40M	USD	Annual
Interest expense	`InterestExpense`	$85.40M	USD	Annual
Other income (expenses), net	`NonoperatingIncomeExpense`	$-31.00M	USD	Annual
Other income (expenses), net	`NonoperatingIncomeExpense`	$180.90M	USD	Annual
Other income (expenses), net	`NonoperatingIncomeExpense`	$569.20M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.65B	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.02B	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.44B	USD	Annual
Taxes on income	`IncomeTaxExpenseBenefit`	$442.30M	USD	Annual
Taxes on income	`IncomeTaxExpenseBenefit`	$349.60M	USD	Annual
Taxes on income	`IncomeTaxExpenseBenefit`	$230.80M	USD	Annual
Net income	`ProfitLoss`	$2.09B	USD	Annual
Net income	`ProfitLoss`	$787.10M	USD	Annual
Net income	`ProfitLoss`	$1.21B	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$48.60M	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$6.20M	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$94.10M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$3.60M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$169.30M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-60.40M	USD	Annual
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$1.20B	USD	Annual
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$798.90M	USD	Annual
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$1.83B	USD	Annual
Basic	`EarningsPerShareBasic`	$2.35	USD	Annual
Basic	`EarningsPerShareBasic`	$3.58	USD	Annual
Basic	`EarningsPerShareBasic`	$1.59	USD	Annual
Diluted	`EarningsPerShareDiluted`	$3.57	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.59	USD	Annual
Diluted	`EarningsPerShareDiluted`	$2.35	USD	Annual

Cash Flow Statement 152 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$2.09B	USD	Annual
Net Income	`ProfitLoss`	$787.10M	USD	Annual
Net Income	`ProfitLoss`	$1.21B	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$171.90M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$122.30M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$111.50M	USD	Annual
Amortization of deferred sales commissions	`AmortizationOfDeferredSalesCommissions`	$80.30M	USD	Annual
Amortization of deferred sales commissions	`AmortizationOfDeferredSalesCommissions`	$78.20M	USD	Annual
Amortization of deferred sales commissions	`AmortizationOfDeferredSalesCommissions`	$85.80M	USD	Annual
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$78.70M	USD	Annual
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$74.50M	USD	Annual
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$78.60M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.70M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$232.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$54.00M	USD	Annual
Impairments of intangible assets and goodwill	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Impairments of intangible assets and goodwill	`GoodwillAndIntangibleAssetImpairment`	$13.30M	USD	Annual
Impairments of intangible assets and goodwill	`GoodwillAndIntangibleAssetImpairment`	$55.40M	USD	Annual
Net (gains) losses on investments	`NetGainsLossesOnInvestments`	$-9.70M	USD	Annual
Net (gains) losses on investments	`NetGainsLossesOnInvestments`	$75.50M	USD	Annual
Net (gains) losses on investments	`NetGainsLossesOnInvestments`	$-15.50M	USD	Annual
Losses (income) from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$154.30M	USD	Annual
Losses (income) from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$-10.40M	USD	Annual
Losses (income) from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$-98.10M	USD	Annual
Net (gains) losses on investments of consolidated investment products	`GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts`	$-26.30M	USD	Annual
Net (gains) losses on investments of consolidated investment products	`GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts`	$-36.80M	USD	Annual
Net (gains) losses on investments of consolidated investment products	`GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts`	$316.40M	USD	Annual
Net purchase of investments by consolidated investment products	`PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts`	$1.45B	USD	Annual
Net purchase of investments by consolidated investment products	`PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts`	$682.80M	USD	Annual
Net purchase of investments by consolidated investment products	`PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts`	$781.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.70M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-7.10M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.30M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$28.70M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-17.20M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-16.00M	USD	Annual
Decrease (increase) in receivables and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$182.50M	USD	Annual
Decrease (increase) in receivables and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-134.70M	USD	Annual
Decrease (increase) in receivables and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$63.50M	USD	Annual
Decrease in investments, net	`IncreaseDecreaseInTradingSecurities`	$-142.40M	USD	Annual
Decrease in investments, net	`IncreaseDecreaseInTradingSecurities`	$-12.80M	USD	Annual
Decrease in investments, net	`IncreaseDecreaseInTradingSecurities`	$-537.30M	USD	Annual
Increase (decrease) in accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-10.50M	USD	Annual
Increase (decrease) in accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$89.40M	USD	Annual
Increase (decrease) in accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$114.80M	USD	Annual
Decrease in commissions payable	`IncreaseDecreaseInPayablesToBrokerDealers`	$-33.80M	USD	Annual
Decrease in commissions payable	`IncreaseDecreaseInPayablesToBrokerDealers`	$-8.20M	USD	Annual
Decrease in commissions payable	`IncreaseDecreaseInPayablesToBrokerDealers`	$-43.90M	USD	Annual
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-210.10M	USD	Annual
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-123.00M	USD	Annual
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-12.50M	USD	Annual
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$126.00M	USD	Annual
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-97.40M	USD	Annual
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-89.10M	USD	Annual
Increase in accounts payable and accrued expenses of consolidated investment products	`IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts`	$62.30M	USD	Annual
Increase in accounts payable and accrued expenses of consolidated investment products	`IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts`	$108.20M	USD	Annual
Increase in accounts payable and accrued expenses of consolidated investment products	`IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts`	$70.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.08B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.25B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$268.50M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$770.40M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$481.40M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$401.90M	USD	Annual
Liquidation of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$594.00M	USD	Annual
Liquidation of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$880.00M	USD	Annual
Liquidation of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$343.20M	USD	Annual
Purchase of investments by consolidated collateralized loan obligations	`PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$469.60M	USD	Annual
Purchase of investments by consolidated collateralized loan obligations	`PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$1.53B	USD	Annual
Purchase of investments by consolidated collateralized loan obligations	`PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$3.65B	USD	Annual
Liquidation of investments by consolidated collateralized loan obligations	`LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$88.60M	USD	Annual
Liquidation of investments by consolidated collateralized loan obligations	`LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$1.62B	USD	Annual
Liquidation of investments by consolidated collateralized loan obligations	`LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$448.30M	USD	Annual
Decrease (increase) in loan receivables, net	`ProceedsFromPaymentsForLoansReceivablefromRelatedParties`	-	USD	Annual
Decrease (increase) in loan receivables, net	`ProceedsFromPaymentsForLoansReceivablefromRelatedParties`	$42.70M	USD	Annual
Decrease (increase) in loan receivables, net	`ProceedsFromPaymentsForLoansReceivablefromRelatedParties`	$-40.60M	USD	Annual
Additions of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.30M	USD	Annual
Additions of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$103.70M	USD	Annual
Additions of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$233.70M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$493.50M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.82B	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.00M	USD	Annual
Payments of contingent consideration asset	`PaymentsOfContingentConsiderationAsset`	$20.30M	USD	Annual
Payments of contingent consideration asset	`PaymentsOfContingentConsiderationAsset`	-	USD	Annual
Payments of contingent consideration asset	`PaymentsOfContingentConsiderationAsset`	-	USD	Annual
Net (deconsolidation) consolidation of investment products	`CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts`	$-383.70M	USD	Annual
Net (deconsolidation) consolidation of investment products	`CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts`	$-108.50M	USD	Annual
Net (deconsolidation) consolidation of investment products	`CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts`	$587.20M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.06B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.28B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.62B	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$20.60M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$22.30M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$23.30M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$559.70M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$533.20M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$518.60M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$754.50M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$208.20M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$218.20M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.19B	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$11.80M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments on debt	`RepaymentsOfSeniorDebt`	$750.00M	USD	Annual
Payments on debt	`RepaymentsOfSeniorDebt`	-	USD	Annual
Payments on debt	`RepaymentsOfSeniorDebt`	-	USD	Annual
Proceeds from loan	`ProceedsFromOtherDebt`	$1.70M	USD	Annual
Proceeds from loan	`ProceedsFromOtherDebt`	-	USD	Annual
Proceeds from loan	`ProceedsFromOtherDebt`	$200.00K	USD	Annual
Payments on loan	`RepaymentsOfSecuredDebt`	-	USD	Annual
Payments on loan	`RepaymentsOfSecuredDebt`	$400.00K	USD	Annual
Payments on loan	`RepaymentsOfSecuredDebt`	$1.50M	USD	Annual
Proceeds from debt of consolidated investment products	`ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts`	$2.94B	USD	Annual
Proceeds from debt of consolidated investment products	`ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts`	$1.39B	USD	Annual
Proceeds from debt of consolidated investment products	`ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts`	$681.10M	USD	Annual
Payments on debt by consolidated investment products	`PaymentsOnDebtByConsolidatedInvestmentProducts`	$221.40M	USD	Annual
Payments on debt by consolidated investment products	`PaymentsOnDebtByConsolidatedInvestmentProducts`	$1.32B	USD	Annual
Payments on debt by consolidated investment products	`PaymentsOnDebtByConsolidatedInvestmentProducts`	$334.20M	USD	Annual
Payments on contingent consideration liabilities	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$600.00K	USD	Annual
Payments on contingent consideration liabilities	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$20.40M	USD	Annual
Payments on contingent consideration liabilities	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$409.50M	USD	Annual
Noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$1.15B	USD	Annual
Noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$721.40M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$734.40M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.03B	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$339.90M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$27.40M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-37.00M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.20M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.22B	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$657.40M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-704.00M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.21B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.99B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.65B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.91B	USD	Point-in-time
Cash and Cash Equivalents, End of Year	`CashAndCashEquivalentsAtCarryingValue`	$6.21B	USD	Point-in-time
Cash and Cash Equivalents, End of Year	`CashAndCashEquivalentsAtCarryingValue`	$3.99B	USD	Point-in-time
Cash and Cash Equivalents, End of Year	`CashAndCashEquivalentsAtCarryingValue`	$4.65B	USD	Point-in-time
Cash and Cash Equivalents, End of Year	`CashAndCashEquivalentsAtCarryingValue`	$6.91B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$520.80M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$498.00M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$359.40M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$116.60M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$27.40M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$18.90M	USD	Annual
Cash paid for interest by consolidated investment products	`CashInterestPaidByConsolidatedInvestmentProducts`	$102.80M	USD	Annual
Cash paid for interest by consolidated investment products	`CashInterestPaidByConsolidatedInvestmentProducts`	$2.30M	USD	Annual
Cash paid for interest by consolidated investment products	`CashInterestPaidByConsolidatedInvestmentProducts`	$65.60M	USD	Annual

Stockholders Equity 53 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.12	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.08	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.04	USD	Annual
Beginning balance	`StockholdersEquity`	$11.22B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$10.11B	USD	Point-in-time
Beginning balance	`MinorityInterest`	$754.60M	USD	Point-in-time
Beginning balance	`MinorityInterest`	$587.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.21B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.54B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.87B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.81B	USD	Point-in-time
Net income	`NetIncomeLoss`	$1.20B	USD	Annual
Net income	`NetIncomeLoss`	$798.90M	USD	Annual
Net income	`NetIncomeLoss`	$1.83B	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$3.60M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$169.30M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-60.40M	USD	Annual
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$738.50M	USD	Annual
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$1.20B	USD	Annual
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$2.00B	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$30.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$24.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-53.00M	USD	Annual
Dividends declared on common stock	`DividendsCommonStockCash`	$539.00M	USD	Annual
Dividends declared on common stock	`DividendsCommonStockCash`	$573.70M	USD	Annual
Dividends declared on common stock	`DividendsCommonStockCash`	$528.30M	USD	Annual
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$756.30M	USD	Annual
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$219.40M	USD	Annual
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$208.20M	USD	Annual
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$133.40M	USD	Annual
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$127.20M	USD	Annual
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$130.30M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.30M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.80M	USD	Annual
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$213.60M	USD	Annual
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$164.40M	USD	Annual
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$103.60M	USD	Annual
Net consolidation (deconsolidation) of investment products	`ConsolidationDeconsolidationOfInvestmentProducts`	$-6.80M	USD	Annual
Net consolidation (deconsolidation) of investment products	`ConsolidationDeconsolidationOfInvestmentProducts`	$24.30M	USD	Annual
Net consolidation (deconsolidation) of investment products	`ConsolidationDeconsolidationOfInvestmentProducts`	$-552.40M	USD	Annual
Acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$194.80M	USD	Annual
Acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$39.10M	USD	Annual
Wind-down of a subsidiary	`MinorityInterestDecreaseFromRedemptions`	$16.70M	USD	Annual
Adjustment to fair value of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$-159.20M	USD	Annual
Ending balance	`StockholdersEquity`	$11.22B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$10.11B	USD	Point-in-time
Ending balance	`MinorityInterest`	$754.60M	USD	Point-in-time
Ending balance	`MinorityInterest`	$587.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.21B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.54B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.87B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.81B	USD	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$2.09B	USD	Annual
Net Income	`ProfitLoss`	$787.10M	USD	Annual
Net Income	`ProfitLoss`	$1.21B	USD	Annual
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-52.50M	USD	Annual
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$25.80M	USD	Annual
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$29.10M	USD	Annual
Net unrealized gains (losses) on defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$900.00K	USD	Annual
Net unrealized gains (losses) on defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-1.80M	USD	Annual
Net unrealized gains (losses) on defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-2.00M	USD	Annual
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.50M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$30.00M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$24.00M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-53.00M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$811.10M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.15B	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.12B	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$48.60M	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$6.20M	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$94.10M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$3.60M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$169.30M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-60.40M	USD	Annual
Comprehensive Income Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$822.90M	USD	Annual
Comprehensive Income Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$1.14B	USD	Annual
Comprehensive Income Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$1.86B	USD	Annual

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