Payment on contingent consideration liabilities

[Table of Contents](#ie0ad6752ee3c4f669c939c9f55a2eff4_10)  
FRANKLIN RESOURCES, INC.CONSOLIDATED STATEMENTS OF CASH FLOWSUnaudited[Table continued from previous page]

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|   |  | Nine Months Ended June 30, |
| (in millions) |  | 2022 |  | 2021 |
|  |  |  |  |  |
| Issuance of common stock |  | $ | 13.6  |  |  | $ | 11.0  |  |
| Dividends paid on common stock |  | (437.1) |  |  | (418.6) |  |
| Repurchase of common stock |  | (154.0) |  |  | (135.8) |  |
| Proceeds from issuance of debt |  | —  |  |  | 748.3  |  |
| Payment of debt issuance costs |  | —  |  |  | (6.7) |  |
| Payment on debt |  | —  |  |  | (250.0) |  |
| Proceeds from debt of consolidated investment products |  | 4,345.2  |  |  | 1,636.2  |  |
| Payments on debt of consolidated investment products |  | (2,469.3) |  |  | (488.7) |  |
| Payments on contingent consideration liabilities |  | (4.1) |  |  | —  |  |
| Noncontrolling interests |  | 194.9  |  |  | 447.2  |  |
| Net cash provided by financing activities |  | 1,489.2  |  |  | 1,542.9  |  |
| Effect of exchange rate changes on cash and cash equivalents |  | (68.1) |  |  | 25.1  |  |
| Increase (decrease) in cash and cash equivalents |  | (168.5) |  |  | 371.3  |  |
| Cash and cash equivalents, beginning of period |  | 4,647.2  |  |  | 3,989.8  |  |
| Cash and Cash Equivalents, End of Period |  | $ | 4,478.7  |  |  | $ | 4,361.1  |  |
|  |  |  |  |  |
| Supplemental Disclosure of Cash Flow Information |  |  |  |  |
| Cash paid for income taxes |  | $ | 456.7  |  |  | $ | 434.6  |  |
| Cash paid for interest |  | 61.8  |  |  | 76.2  |  |
| Cash paid for interest by consolidated investment products |  | 107.0  |  |  | 75.7  |  |

  
See Notes to Consolidated Financial Statements.  
9
