10-K Filing

FRANKLIN RESOURCES INC CIK: 38777 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000038777-23-000169`
Period End Date	20230930
Filing Date	20231114
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	ben-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 61 Cash Flow Statement 145 Stockholders Equity 69 Comprehensive Income 27

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Investments, at fair value	`InvestmentsFairValueDisclosure`	$872.80M	USD	Point-in-time
Investments, at fair value	`InvestmentsFairValueDisclosure`	$613.50M	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`	499.58M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	495.94M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	495.94M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	499.58M	shares	Point-in-time
Receivables	`AccountsReceivableNet`	$1.26B	USD	Point-in-time
Receivables	`AccountsReceivableNet`	$1.35B	USD	Point-in-time
Investments	`Investments`	$1.65B	USD	Point-in-time
Investments	`Investments`	$2.22B	USD	Point-in-time
Investments, at fair value	`InvestmentsFairValueDisclosure`	$872.80M	USD	Point-in-time
Investments, at fair value	`InvestmentsFairValueDisclosure`	$613.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$743.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$800.10M	USD	Point-in-time
Goodwill	`Goodwill`	$6.00B	USD	Point-in-time
Goodwill	`Goodwill`	$5.78B	USD	Point-in-time
Goodwill	`Goodwill`	$4.46B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.90B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$5.08B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$464.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$406.30M	USD	Point-in-time
Other	`OtherAssets`	$398.80M	USD	Point-in-time
Other	`OtherAssets`	$395.40M	USD	Point-in-time
Total Assets	`Assets`	$28.06B	USD	Point-in-time
Total Assets	`Assets`	$30.12B	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$1.67B	USD	Point-in-time
Compensation and benefits	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$1.46B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$530.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$466.20M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxes`	$513.50M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxes`	$523.10M	USD	Point-in-time
Debt	`LongTermDebt`	$3.38B	USD	Point-in-time
Debt	`LongTermDebt`	$3.05B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$450.40M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$347.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$528.40M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$467.80M	USD	Point-in-time
Other	`OtherLiabilities`	$1.43B	USD	Point-in-time
Other	`OtherLiabilities`	$1.29B	USD	Point-in-time
Total liabilities	`Liabilities`	$14.24B	USD	Point-in-time
Total liabilities	`Liabilities`	$16.55B	USD	Point-in-time
Commitments and Contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$1.53B	USD	Point-in-time
Redeemable Noncontrolling Interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$1.03B	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; 495,937,891 and 499,575,175 shares issued and outstanding at September 30, 2023 and 2022	`CommonStockValue`	$49.60M	USD	Point-in-time
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 495,937,891 and 499,575,175 shares issued and outstanding at September 30, 2023 and 2022	`CommonStockValue`	$50.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.38B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.05B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-377.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-509.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-621.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-407.60M	USD	Point-in-time
Total Franklin Resources, Inc. stockholders equity	`StockholdersEquity`	$11.92B	USD	Point-in-time
Total Franklin Resources, Inc. stockholders equity	`StockholdersEquity`	$11.47B	USD	Point-in-time
Nonredeemable noncontrolling interests	`MinorityInterest`	$630.90M	USD	Point-in-time
Nonredeemable noncontrolling interests	`MinorityInterest`	$824.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.30B	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 stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.55B	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$28.06B	USD	Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$30.12B	USD	Point-in-time

Income Statement 61 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.43B	USD	Annual
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.85B	USD	Annual
Operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.28B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$3.49B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$3.09B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$2.97B	USD	Annual
Sales, distribution and marketing	`SellingAndMarketingExpense`	$1.85B	USD	Annual
Sales, distribution and marketing	`SellingAndMarketingExpense`	$2.11B	USD	Annual
Sales, distribution and marketing	`SellingAndMarketingExpense`	$1.61B	USD	Annual
Information systems and technology	`CommunicationsAndInformationTechnology`	$500.20M	USD	Annual
Information systems and technology	`CommunicationsAndInformationTechnology`	$505.00M	USD	Annual
Information systems and technology	`CommunicationsAndInformationTechnology`	$486.10M	USD	Annual
Occupancy	`OccupancyNet`	$218.10M	USD	Annual
Occupancy	`OccupancyNet`	$218.90M	USD	Annual
Occupancy	`OccupancyNet`	$228.90M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$341.10M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$282.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$232.00M	USD	Annual
General, administrative and other	`GeneralAndAdministrativeExpense`	$564.90M	USD	Annual
General, administrative and other	`GeneralAndAdministrativeExpense`	$565.00M	USD	Annual
General, administrative and other	`GeneralAndAdministrativeExpense`	$537.20M	USD	Annual
Total operating expenses	`OperatingExpenses`	$6.50B	USD	Annual
Total operating expenses	`OperatingExpenses`	$6.75B	USD	Annual
Total operating expenses	`OperatingExpenses`	$6.55B	USD	Annual
Operating Income	`OperatingIncomeLoss`	$1.77B	USD	Annual
Operating Income	`OperatingIncomeLoss`	$1.88B	USD	Annual
Operating Income	`OperatingIncomeLoss`	$1.10B	USD	Annual
Investment and other income, net	`OtherNonoperatingIncomeExpense`	$340.00M	USD	Annual
Investment and other income, net	`OtherNonoperatingIncomeExpense`	$91.10M	USD	Annual
Investment and other income, net	`OtherNonoperatingIncomeExpense`	$264.70M	USD	Annual
Interest expense	`InterestExpense`	$85.40M	USD	Annual
Interest expense	`InterestExpense`	$123.70M	USD	Annual
Interest expense	`InterestExpense`	$98.20M	USD	Annual
Expenses of consolidated investment products	`OtherNonoperatingExpense`	$7.00M	USD	Annual
Other income (expenses), net	`NonoperatingIncomeExpense`	$313.40M	USD	Annual
Other income (expenses), net	`NonoperatingIncomeExpense`	$569.20M	USD	Annual
Other income (expenses), net	`NonoperatingIncomeExpense`	$-44.50M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.73B	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.42B	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.44B	USD	Annual
Taxes on income	`IncomeTaxExpenseBenefit`	$349.60M	USD	Annual
Taxes on income	`IncomeTaxExpenseBenefit`	$396.20M	USD	Annual
Taxes on income	`IncomeTaxExpenseBenefit`	$312.30M	USD	Annual
Net income	`ProfitLoss`	$2.09B	USD	Annual
Net income	`ProfitLoss`	$1.33B	USD	Annual
Net income	`ProfitLoss`	$1.10B	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$135.50M	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$94.10M	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-46.90M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$85.10M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$88.20M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$169.30M	USD	Annual
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$1.83B	USD	Annual
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$882.80M	USD	Annual
Net Income Attributable to Franklin Resources, Inc.	`NetIncomeLoss`	$1.29B	USD	Annual
Basic	`EarningsPerShareBasic`	$1.72	USD	Annual
Basic	`EarningsPerShareBasic`	$2.53	USD	Annual
Basic	`EarningsPerShareBasic`	$3.58	USD	Annual
Diluted	`EarningsPerShareDiluted`	$3.57	USD	Annual
Diluted	`EarningsPerShareDiluted`	$2.53	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.72	USD	Annual

Cash Flow Statement 145 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$2.09B	USD	Annual
Net Income	`ProfitLoss`	$1.33B	USD	Annual
Net Income	`ProfitLoss`	$1.10B	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$171.90M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$182.60M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$208.20M	USD	Annual
Amortization of deferred sales commissions	`AmortizationOfDeferredSalesCommissions`	$64.80M	USD	Annual
Amortization of deferred sales commissions	`AmortizationOfDeferredSalesCommissions`	$78.20M	USD	Annual
Amortization of deferred sales commissions	`AmortizationOfDeferredSalesCommissions`	$50.00M	USD	Annual
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$95.80M	USD	Annual
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$78.60M	USD	Annual
Depreciation and other amortization	`DepreciationDepletionAndAmortization`	$104.30M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$341.10M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$282.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$232.00M	USD	Annual
Net (gains) losses on investments	`NetGainsLossesOnInvestments`	$39.50M	USD	Annual
Net (gains) losses on investments	`NetGainsLossesOnInvestments`	$-75.40M	USD	Annual
Net (gains) losses on investments	`NetGainsLossesOnInvestments`	$75.50M	USD	Annual
Income from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$36.20M	USD	Annual
Income from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$123.10M	USD	Annual
Income from investments in equity method investees	`IncomeLossFromEquityMethodInvestments`	$154.30M	USD	Annual
Net losses (gains) on investments of consolidated investment products	`GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts`	$-120.40M	USD	Annual
Net losses (gains) on investments of consolidated investment products	`GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts`	$-95.10M	USD	Annual
Net losses (gains) on investments of consolidated investment products	`GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts`	$316.40M	USD	Annual
Net purchase of investments by consolidated investment products	`PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts`	$781.00M	USD	Annual
Net purchase of investments by consolidated investment products	`PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts`	$355.90M	USD	Annual
Net purchase of investments by consolidated investment products	`PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts`	$829.40M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$98.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.70M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$41.50M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-122.70M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-16.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-25.10M	USD	Annual
Increase in receivables and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$86.70M	USD	Annual
Increase in receivables and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$63.20M	USD	Annual
Increase in receivables and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$182.50M	USD	Annual
Decrease (increase) in investments, net	`IncreaseDecreaseInTradingSecurities`	$-12.80M	USD	Annual
Decrease (increase) in investments, net	`IncreaseDecreaseInTradingSecurities`	$3.70M	USD	Annual
Decrease (increase) in investments, net	`IncreaseDecreaseInTradingSecurities`	$-2.80M	USD	Annual
Increase in accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$114.80M	USD	Annual
Increase in accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$281.70M	USD	Annual
Increase in accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$128.90M	USD	Annual
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-180.10M	USD	Annual
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.10M	USD	Annual
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-12.50M	USD	Annual
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.50M	USD	Annual
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-97.30M	USD	Annual
Increase (decrease) in accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$64.80M	USD	Annual
Increase (decrease) in accounts payable and accrued expenses of consolidated investment products	`IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts`	$1.80M	USD	Annual
Increase (decrease) in accounts payable and accrued expenses of consolidated investment products	`IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts`	$-4.80M	USD	Annual
Increase (decrease) in accounts payable and accrued expenses of consolidated investment products	`IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts`	$62.30M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.25B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.14B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.96B	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$770.40M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$926.40M	USD	Annual
Purchase of investments	`PaymentsToAcquireInvestments`	$757.80M	USD	Annual
Liquidation of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$1.03B	USD	Annual
Liquidation of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$594.00M	USD	Annual
Liquidation of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$636.80M	USD	Annual
Purchase of investments by consolidated collateralized loan obligations	`PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$3.65B	USD	Annual
Purchase of investments by consolidated collateralized loan obligations	`PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$3.99B	USD	Annual
Purchase of investments by consolidated collateralized loan obligations	`PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$4.36B	USD	Annual
Payments of deferred consideration liability	`PaymentsOfDeferredConsiderationLiability`	-	USD	Annual
Payments of deferred consideration liability	`PaymentsOfDeferredConsiderationLiability`	$241.80M	USD	Annual
Payments of deferred consideration liability	`PaymentsOfDeferredConsiderationLiability`	-	USD	Annual
Liquidation of investments by consolidated collateralized loan obligations	`LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$1.95B	USD	Annual
Liquidation of investments by consolidated collateralized loan obligations	`LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$1.62B	USD	Annual
Liquidation of investments by consolidated collateralized loan obligations	`LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations`	$1.83B	USD	Annual
Decrease in loan receivables, net	`ProceedsFromPaymentsForLoansReceivablefromRelatedParties`	$42.70M	USD	Annual
Decrease in loan receivables, net	`ProceedsFromPaymentsForLoansReceivablefromRelatedParties`	-	USD	Annual
Decrease in loan receivables, net	`ProceedsFromPaymentsForLoansReceivablefromRelatedParties`	-	USD	Annual
Additions of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$90.30M	USD	Annual
Additions of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.30M	USD	Annual
Additions of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$148.80M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.35B	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$500.50M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.00M	USD	Annual
Payments of contingent consideration asset	`PaymentsOfContingentConsiderationAsset`	$9.80M	USD	Annual
Payments of contingent consideration asset	`PaymentsOfContingentConsiderationAsset`	$20.30M	USD	Annual
Payments of contingent consideration asset	`PaymentsOfContingentConsiderationAsset`	$19.90M	USD	Annual
Net (deconsolidation) consolidation of investment products	`CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts`	$-383.70M	USD	Annual
Net (deconsolidation) consolidation of investment products	`CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts`	$38.80M	USD	Annual
Net (deconsolidation) consolidation of investment products	`CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts`	$-49.80M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.33B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.62B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.58B	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$22.30M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$25.10M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$23.30M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$607.30M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$583.10M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$559.70M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$208.20M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$256.30M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$180.80M	USD	Annual
Proceeds from repurchase agreement	`ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase`	$174.80M	USD	Annual
Proceeds from repurchase agreement	`ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase`	-	USD	Annual
Proceeds from repurchase agreement	`ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase`	-	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.19B	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$11.80M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments on debt	`RepaymentsOfSeniorDebt`	$750.00M	USD	Annual
Payments on debt	`RepaymentsOfSeniorDebt`	$300.00M	USD	Annual
Payments on debt	`RepaymentsOfSeniorDebt`	$300.00M	USD	Annual
Proceeds from loan	`ProceedsFromOtherDebt`	$300.00M	USD	Annual
Proceeds from loan	`ProceedsFromOtherDebt`	-	USD	Annual
Proceeds from loan	`ProceedsFromOtherDebt`	-	USD	Annual
Proceeds from debt of consolidated investment products	`ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts`	$4.88B	USD	Annual
Proceeds from debt of consolidated investment products	`ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts`	$3.54B	USD	Annual
Proceeds from debt of consolidated investment products	`ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts`	$2.94B	USD	Annual
Payments on debt by consolidated investment products	`PaymentsOnDebtByConsolidatedInvestmentProducts`	$1.10B	USD	Annual
Payments on debt by consolidated investment products	`PaymentsOnDebtByConsolidatedInvestmentProducts`	$2.75B	USD	Annual
Payments on debt by consolidated investment products	`PaymentsOnDebtByConsolidatedInvestmentProducts`	$1.32B	USD	Annual
Payments on contingent consideration liabilities	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$14.80M	USD	Annual
Payments on contingent consideration liabilities	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$7.60M	USD	Annual
Payments on contingent consideration liabilities	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$200.00M	USD	Annual
Noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$567.20M	USD	Annual
Noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$721.40M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.03B	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.03B	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.58B	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.20M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.30M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-77.20M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$135.30M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$657.40M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-380.10M	USD	Annual
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.65B	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.78B	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.40B	USD	Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.99B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$498.00M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$233.20M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$467.50M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$121.90M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$133.30M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$116.60M	USD	Annual
Cash paid for interest by consolidated investment products	`CashInterestPaidByConsolidatedInvestmentProducts`	$102.80M	USD	Annual
Cash paid for interest by consolidated investment products	`CashInterestPaidByConsolidatedInvestmentProducts`	$148.20M	USD	Annual
Cash paid for interest by consolidated investment products	`CashInterestPaidByConsolidatedInvestmentProducts`	$379.20M	USD	Annual

Stockholders Equity 69 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.16	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.12	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$1.20	USD	Annual
Adoption of new accounting guidance	`StockholdersEquity`	$11.92B	USD	Point-in-time
Adoption of new accounting guidance	`StockholdersEquity`	$11.47B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.30B	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 stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.55B	USD	Point-in-time
Net subscriptions (distributions) and other	`MinorityInterestPeriodIncreaseDecrease`	$213.60M	USD	Annual
Net subscriptions (distributions) and other	`MinorityInterestPeriodIncreaseDecrease`	$24.70M	USD	Annual
Net subscriptions (distributions) and other	`MinorityInterestPeriodIncreaseDecrease`	$82.10M	USD	Annual
Adjustment to fair value	`MinorityInterestChangeInRedemptionValue`	$-159.20M	USD	Annual
Adjustment to fair value	`MinorityInterestChangeInRedemptionValue`	$109.40M	USD	Annual
Adjustment to fair value	`MinorityInterestChangeInRedemptionValue`	$-263.10M	USD	Annual
Acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$149.90M	USD	Annual
Net subscriptions (distributions) and other	`MinorityInterestPeriodIncreaseDecrease`	$213.60M	USD	Annual
Net subscriptions (distributions) and other	`MinorityInterestPeriodIncreaseDecrease`	$24.70M	USD	Annual
Net subscriptions (distributions) and other	`MinorityInterestPeriodIncreaseDecrease`	$82.10M	USD	Annual
Beginning balance	`StockholdersEquity`	$11.92B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$11.47B	USD	Point-in-time
Beginning balance	`MinorityInterest`	$630.90M	USD	Point-in-time
Beginning balance	`MinorityInterest`	$824.30M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.30B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.87B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.81B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.55B	USD	Point-in-time
Net income	`NetIncomeLoss`	$1.83B	USD	Annual
Net income	`NetIncomeLoss`	$882.80M	USD	Annual
Net income	`NetIncomeLoss`	$1.29B	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$85.10M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$88.20M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$169.30M	USD	Annual
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$1.38B	USD	Annual
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$2.00B	USD	Annual
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$967.90M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-243.40M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$111.70M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$30.00M	USD	Annual
Dividends declared on common stock	`DividendsCommonStockCash`	$611.40M	USD	Annual
Dividends declared on common stock	`DividendsCommonStockCash`	$585.20M	USD	Annual
Dividends declared on common stock	`DividendsCommonStockCash`	$573.70M	USD	Annual
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$180.80M	USD	Annual
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$208.20M	USD	Annual
Repurchase of common stock - Amount	`StockRepurchasedAndRetiredDuringPeriodValue`	$256.30M	USD	Annual
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$215.10M	USD	Annual
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$133.40M	USD	Annual
Issuance of common stock - Amount	`StockIssuedDuringPeriodValueNewIssues`	$171.80M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.80M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-9.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.00M	USD	Annual
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$213.60M	USD	Annual
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$24.70M	USD	Annual
Net subscriptions and other	`MinorityInterestPeriodIncreaseDecrease`	$82.10M	USD	Annual
Net consolidation (deconsolidation) of investment products	`ConsolidationDeconsolidationOfInvestmentProducts`	$-360.60M	USD	Annual
Net consolidation (deconsolidation) of investment products	`ConsolidationDeconsolidationOfInvestmentProducts`	$-25.70M	USD	Annual
Net consolidation (deconsolidation) of investment products	`ConsolidationDeconsolidationOfInvestmentProducts`	$-552.40M	USD	Annual
Acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$149.90M	USD	Annual
Adjustment to fair value of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$-159.20M	USD	Annual
Adjustment to fair value of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$109.40M	USD	Annual
Adjustment to fair value of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$-263.10M	USD	Annual
Ending balance	`StockholdersEquity`	$11.92B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$11.47B	USD	Point-in-time
Ending balance	`MinorityInterest`	$630.90M	USD	Point-in-time
Ending balance	`MinorityInterest`	$824.30M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.30B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.87B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.81B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.55B	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`	$1.33B	USD	Annual
Net Income	`ProfitLoss`	$1.10B	USD	Annual
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$112.80M	USD	Annual
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$29.10M	USD	Annual
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-244.60M	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`	$800.00K	USD	Annual
Net unrealized gains (losses) on defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-1.30M	USD	Annual
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$400.00K	USD	Annual
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Net unrealized gains on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$200.00K	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-243.40M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$111.70M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$30.00M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.12B	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$135.50M	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$94.10M	USD	Annual
Redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-46.90M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$85.10M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$88.20M	USD	Annual
Nonredeemable noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$169.30M	USD	Annual
Comprehensive Income Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$1.86B	USD	Annual
Comprehensive Income Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$1.05B	USD	Annual
Comprehensive Income Attributable to Franklin Resources, Inc.	`ComprehensiveIncomeNetOfTax`	$994.50M	USD	Annual

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