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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating Revenues        
Investment management fees $ 1,097.0 $ 1,093.5 $ 3,249.4 $ 3,375.4
Sales and distribution fees 433.3 450.2 1,283.8 1,365.6
Shareholder servicing fees 56.7 61.5 169.7 185.2
Other 26.9 29.1 72.4 80.0
Total operating revenues 1,613.9 1,634.3 4,775.3 5,006.2
Operating Expenses        
Sales, distribution and marketing 541.2 553.4 1,596.0 1,673.7
Compensation and benefits 342.7 326.9 997.6 1,043.7
Information systems and technology 54.1 50.5 159.8 151.3
Occupancy 30.2 33.1 88.3 96.8
General, administrative and other 81.5 75.0 227.0 254.4
Total operating expenses 1,049.7 1,038.9 3,068.7 3,219.9
Operating Income 564.2 595.4 1,706.6 1,786.3
Other Income (Expenses)        
Investment and other income, net 92.2 65.8 222.9 113.7
Interest expense (12.9) (12.3) (38.8) (36.5)
Other income, net 79.3 53.5 184.1 77.2
Income before taxes 643.5 648.9 1,890.7 1,863.5
Taxes on income 184.1 187.4 577.5 578.8
Net income 459.4 461.5 1,313.2 1,284.7
Less: net income attributable to        
Nonredeemable noncontrolling interests 12.5 14.2 8.6 29.7
Redeemable noncontrolling interests 36.3 0.9 33.1 0.4
Net Income Attributable to Franklin Resources, Inc. $ 410.6 $ 446.4 $ 1,271.5 $ 1,254.6
Earnings per Share        
Basic $ 0.73 $ 0.77 $ 2.25 $ 2.12
Diluted 0.73 0.77 2.25 2.12
Dividends Declared per Share $ 0.2 $ 0.18 $ 0.6 $ 0.54