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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Sep. 30, 2019
Assets    
Cash and cash equivalents $ 3,957.5 $ 5,957.6
Receivables 1,114.8 740.0
Investments 1,270.5 1,555.8
Investments, at fair value 504.8 589.7
Property and equipment, net 813.8 683.7
Goodwill 4,500.8 2,130.3
Intangible assets, net 4,914.2 864.2
Operating lease right-of-use assets 534.8 0.0
Other 319.5 197.7
Total Assets 20,220.9 14,532.2
Liabilities    
Compensation and benefits 1,064.0 502.4
Accounts payable and accrued expenses 283.7 222.9
Dividends 143.2 137.4
Commissions 268.0 254.0
Income taxes 703.3 824.7
Debt 3,017.1 696.9
Deferred tax liabilities 305.3 120.1
Operating lease liabilities 621.0 0.0
Other 456.1 270.6
Total liabilities 8,705.2 3,161.3
Commitments and Contingencies (Note 16)
Redeemable Noncontrolling Interests 541.9 746.7
Stockholders’ Equity    
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued 0.0 0.0
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 495,116,677 and 499,303,269 shares issued and outstanding at September 30, 2020 and 2019 49.5 49.9
Retained earnings 10,472.6 10,288.2
Accumulated other comprehensive loss (407.6) (431.6)
Total Franklin Resources, Inc. stockholders’ equity 10,114.5 9,906.5
Nonredeemable noncontrolling interests 859.3 717.7
Total stockholders’ equity 10,973.8 10,624.2
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity 20,220.9 14,532.2
Consolidated Investment Products [Member]    
Assets    
Cash and cash equivalents 930.7 154.2
Receivables 85.8 99.0
Investments, at fair value 2,709.2 2,303.9
Total Assets 3,725.7 2,557.1
Liabilities    
Accounts payable and accrued expenses 510.1 81.5
Debt 1,333.4 50.8
Other 12.1 0.0
Total liabilities 1,855.6 132.3
Redeemable Noncontrolling Interests 397.3 746.7
Stockholders’ Equity    
Total Franklin Resources, Inc. stockholders’ equity 788.4 1,129.6
Nonredeemable noncontrolling interests 684.4 548.5
Total stockholders’ equity 1,472.8 1,678.1
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity 3,725.7 2,557.1
Franklin Resources, Inc. [Member]    
Assets    
Cash and cash equivalents $ 3,026.8 $ 5,803.4