Earnings per Share (Tables)

3 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Components of basic and diluted earnings per share

The components of basic and diluted earnings per share were as follows:

(in millions, except per share data)	Three Months Ended December 31,
	2016		2015
Net income attributable to Franklin Resources, Inc.	$	440.2	$	447.8
Less: allocation of earnings to participating nonvested stock and stock unit awards	3.0		2.7
Net Income Available to Common Stockholders	$	437.2	$	445.1
Weighted-average shares outstanding – basic	565.1		597.6
Dilutive effect of nonparticipating nonvested stock unit awards	0.1		0.1
Weighted-Average Shares Outstanding – Diluted	565.2		597.7
Earnings per Share
Basic	$	0.77	$	0.74
Diluted	0.77		0.74