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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table
Pay Versus Performance Table
 
 
 
 
Summary
Compensation Table
Total
(1)
   
Compensation Actually Paid
(1)(2)
     
 
   
Value of Initial Fixed $100
Investment Based on:
     
 
     
 
 
Year
 
PEO
Al Kelly
($)
   
PEO
Ryan
McInerney
($)
   
PEO
Al Kelly
($)
   
PEO
Ryan
McInerney
($)
   
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs
(1)
($)
   
Average
Compensation
Actually Paid
to
Non-PEO

NEOs
(1)(3)
($)
   
Total
Shareholder
Return
($)
   
Peer Group
Total
Shareholder
Return
(4)
($)
   
Net
Income
(5)
($) (M)
   
EPS – PS
Adjusted
(6)
($)
 
2023
    29,722,432       22,604,568       47,135,350       37,908,529       15,438,306       21,436,647       117.24       146.42       17,273       8.66  
2022
    28,103,602       N/A       28,672,045       N/A       14,336,181       13,908,614       89.99       131.04       14,957       7.48  
2021
    30,944,838       N/A       45,180,437       N/A       14,676,296       21,647,472       112.05       159.13       12,311       5.90  
 
(1)
Mr. McInerney was appointed as the Company’s Chief Executive Officer (i.e., principal executive officer or PEO) effective February 1, 2023, succeeding Mr. Kelly. For fiscal year 2023, the Company’s
non-PEO
NEOs were Mr. Prabhu, Mr. Suh, Mr. Taneja, Ms. Mahon Tullier, and Mr. Fabara. For fiscal years 2022 and 2021, the Company’s
non-PEO
NEOs were Mr. Prabhu, Mr. McInerney, Mr. Taneja, and Ms. Mahon Tullier.
(2)
The amounts reported for Mr. Kelly and Mr. McInerney represent the amount of “compensation actually paid,” as computed in accordance with Item 402(v) of Regulation
S-K.
In accordance with the requirements of Item 402(v) of Regulation
S-K,
the adjustments in the tables below were made to Mr. Kelly’s and Mr. McInerney’s total compensation for each year to determine the compensation actually paid:
 
 
 
 
Ryan McInerney
 
Alfred F. Kelly, Jr.
 
  
 
 
2023
($)
 
2023
($)
 
2022
($)
  
2021
($)
 
Summary Compensation Table Total
   
 
22,604,568
     
 
29,722,432
     
 
28,103,602
      
 
30,944,838
 
 
Deduction for change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the SCT
      (4,626 )       0       0        0
 
Deduction for Amounts Reported under the “Stock Awards” Column in the SCT
      (11,588,449 )       (16,416,285 )       (14,782,648 )        (17,681,675 )
 
Deduction for Amounts Reported under the “Option Awards” Column in the SCT
      (4,125,008 )       (6,582,523 )       (5,325,013 )        (5,125,009 )
 
Total Deductions from SCT
   
 
(15,718,083
)
   
 
(22,998,808
)
   
 
(20,107,661
)
    
 
(22,806,684
)
 
Increase for Service Cost and Prior Service Cost for Pension Plans
      0       0       0        0
 
Increase/(Deduction) for change in Fair Value from prior year end to vesting date of awards that vested during the year
      3,224,448       2,421,699       (3,349,742 )        536,652
 
Increase/(Deduction) for change in Fair Value from prior year end to current year end of awards granted prior to year that were outstanding and unvested as of year end
      6,325,088       6,922,060       (3,998,879 )        109,295
 
Increase for Fair Value as of vesting date of awards granted and vested during the year
      0       11,867,548       11,105,167        11,723,759
 
Increase for Fair Value of awards granted during year that remain outstanding and unvested as of year end
      21,472,508       19,200,419       16,919,558        24,672,577
 
Total adjustments
   
 
31,022,044
     
 
40,411,726
     
 
20,676,104
      
 
37,042,283
 
 
Compensation Actually Paid (SCT minus deductions plus total adjustments)
   
 
37,908,529
     
 
47,135,350
     
 
28,672,045
      
 
45,180,437
 
 
(3)
The amounts reported represent the average amount of “compensation actually paid” to the NEOs as a group (excluding the PEO or PEOs for each year), as computed in accordance with Item 402(v) of Regulation
S-K.
In accordance with the requirements of Item 402(v) of Regulation
S-K,
the adjustments in the table below were made to the NEOs’ total compensation for each year to determine the compensation actually paid:
 
 
 
 
NEO Averages
  
 
 
2023
($)
 
2022
($)
 
2021
($)
Summary Compensation Table Total
   
 
15,438,306
     
 
14,336,181
     
 
14,676,296
 
Deduction for change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the SCT
      (1,252 )       (1,819 )       (1,579 )
Deduction for Amounts Reported under the “Stock Awards” Column in the SCT
      (8,194,271 )       (7,319,991 )       (7,870,376 )
Deduction for Amounts Reported under the “Option Awards” Column in the SCT
      (1,988,582 )       (2,712,493 )       (2,537,493 )
Total Deductions from SCT
   
 
(10,184,105
)
   
 
(10,034,303
)
   
 
(10,409,448
)
Increase for Service Cost and Prior Service Cost for Pension Plans
      0       0       0
Increase/(Deduction) for change in Fair Value from prior year end to vesting date of awards that vested during the year
      787,403       (1,556,250 )       783,477
Increase/(Deduction) for change in Fair Value from prior year end to current year end of awards granted prior to year that were outstanding and unvested as of year end
      2,274,253       (2,493,309 )       396,916
Increase for Fair Value as of vesting date of awards granted and vested during the year
      3,168,372       3,916,790       3,967,489
Increase for Fair Value of awards granted during year that remain outstanding and unvested as of year end
      9,952,418       9,739,505       12,232,742
Total adjustments
   
 
16,182,446
     
 
9,606,736
     
 
17,380,624
 
Compensation Actually Paid (SCT minus deductions plus total adjustments)
   
 
21,436,647
     
 
13,908,614
     
 
21,647,472
 
 
(4)
The peer group for this purpose is the S&P 500 Financials index used for purposes of Item 201(e) of Regulation
S-K.
The comparison assumes $100 was invested for the period starting September 29, 2020, through the end of the listed year in the Company and in the S&P 500 Financials index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
(5)
In accordance with Item 402(v) of Regulation S-K and associated guidance, “Net Income” represents GAAP Net Income for purposes of the pay versus performance disclosure. In contrast, as discussed above under the heading “Annual Incentive Plan” in the Compensation Discussion and Analysis section, the net income metric that we used for our annual incentive plan was Net Income Growth-VIP adjusted.
(6)
We determined EPS, as adjusted for purposes of performance share awards, to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO NEOs for our fiscal year ended September 30, 2023. See the
Compensation Discussion and Analysis – Performance Shares – EPS Goals
in this proxy statement for a description of adjustments from GAAP EPS for purposes of performance share awards granted to the NEOs. EPS – PS adjusted may not have been the most important financial performance measure for fiscal years 2022 and 2021, and we may determine a different financial performance measure to be the most important financial performance measure in future years.
   
Company Selected Measure Name EPS – PS Adjusted    
Named Executive Officers, Footnote Mr. McInerney was appointed as the Company’s Chief Executive Officer (i.e., principal executive officer or PEO) effective February 1, 2023, succeeding Mr. Kelly. For fiscal year 2023, the Company’s
non-PEO
NEOs were Mr. Prabhu, Mr. Suh, Mr. Taneja, Ms. Mahon Tullier, and Mr. Fabara. For fiscal years 2022 and 2021, the Company’s
non-PEO
NEOs were Mr. Prabhu, Mr. McInerney, Mr. Taneja, and Ms. Mahon Tullier.
   
Peer Group Issuers, Footnote The peer group for this purpose is the S&P 500 Financials index used for purposes of Item 201(e) of Regulation
S-K.
The comparison assumes $100 was invested for the period starting September 29, 2020, through the end of the listed year in the Company and in the S&P 500 Financials index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
   
Adjustment To PEO Compensation, Footnote
(2)
The amounts reported for Mr. Kelly and Mr. McInerney represent the amount of “compensation actually paid,” as computed in accordance with Item 402(v) of Regulation
S-K.
In accordance with the requirements of Item 402(v) of Regulation
S-K,
the adjustments in the tables below were made to Mr. Kelly’s and Mr. McInerney’s total compensation for each year to determine the compensation actually paid:
 
 
 
 
Ryan McInerney
 
Alfred F. Kelly, Jr.
 
  
 
 
2023
($)
 
2023
($)
 
2022
($)
  
2021
($)
 
Summary Compensation Table Total
   
 
22,604,568
     
 
29,722,432
     
 
28,103,602
      
 
30,944,838
 
 
Deduction for change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the SCT
      (4,626 )       0       0        0
 
Deduction for Amounts Reported under the “Stock Awards” Column in the SCT
      (11,588,449 )       (16,416,285 )       (14,782,648 )        (17,681,675 )
 
Deduction for Amounts Reported under the “Option Awards” Column in the SCT
      (4,125,008 )       (6,582,523 )       (5,325,013 )        (5,125,009 )
 
Total Deductions from SCT
   
 
(15,718,083
)
   
 
(22,998,808
)
   
 
(20,107,661
)
    
 
(22,806,684
)
 
Increase for Service Cost and Prior Service Cost for Pension Plans
      0       0       0        0
 
Increase/(Deduction) for change in Fair Value from prior year end to vesting date of awards that vested during the year
      3,224,448       2,421,699       (3,349,742 )        536,652
 
Increase/(Deduction) for change in Fair Value from prior year end to current year end of awards granted prior to year that were outstanding and unvested as of year end
      6,325,088       6,922,060       (3,998,879 )        109,295
 
Increase for Fair Value as of vesting date of awards granted and vested during the year
      0       11,867,548       11,105,167        11,723,759
 
Increase for Fair Value of awards granted during year that remain outstanding and unvested as of year end
      21,472,508       19,200,419       16,919,558        24,672,577
 
Total adjustments
   
 
31,022,044
     
 
40,411,726
     
 
20,676,104
      
 
37,042,283
 
 
Compensation Actually Paid (SCT minus deductions plus total adjustments)
   
 
37,908,529
     
 
47,135,350
     
 
28,672,045
      
 
45,180,437
 
   
Non-PEO NEO Average Total Compensation Amount $ 15,438,306 $ 14,336,181 $ 14,676,296
Non-PEO NEO Average Compensation Actually Paid Amount $ 21,436,647 13,908,614 21,647,472
Adjustment to Non-PEO NEO Compensation Footnote
(3)
The amounts reported represent the average amount of “compensation actually paid” to the NEOs as a group (excluding the PEO or PEOs for each year), as computed in accordance with Item 402(v) of Regulation
S-K.
In accordance with the requirements of Item 402(v) of Regulation
S-K,
the adjustments in the table below were made to the NEOs’ total compensation for each year to determine the compensation actually paid:
 
 
 
 
NEO Averages
  
 
 
2023
($)
 
2022
($)
 
2021
($)
Summary Compensation Table Total
   
 
15,438,306
     
 
14,336,181
     
 
14,676,296
 
Deduction for change in the Actuarial Present Values reported under the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the SCT
      (1,252 )       (1,819 )       (1,579 )
Deduction for Amounts Reported under the “Stock Awards” Column in the SCT
      (8,194,271 )       (7,319,991 )       (7,870,376 )
Deduction for Amounts Reported under the “Option Awards” Column in the SCT
      (1,988,582 )       (2,712,493 )       (2,537,493 )
Total Deductions from SCT
   
 
(10,184,105
)
   
 
(10,034,303
)
   
 
(10,409,448
)
Increase for Service Cost and Prior Service Cost for Pension Plans
      0       0       0
Increase/(Deduction) for change in Fair Value from prior year end to vesting date of awards that vested during the year
      787,403       (1,556,250 )       783,477
Increase/(Deduction) for change in Fair Value from prior year end to current year end of awards granted prior to year that were outstanding and unvested as of year end
      2,274,253       (2,493,309 )       396,916
Increase for Fair Value as of vesting date of awards granted and vested during the year
      3,168,372       3,916,790       3,967,489
Increase for Fair Value of awards granted during year that remain outstanding and unvested as of year end
      9,952,418       9,739,505       12,232,742
Total adjustments
   
 
16,182,446
     
 
9,606,736
     
 
17,380,624
 
Compensation Actually Paid (SCT minus deductions plus total adjustments)
   
 
21,436,647
     
 
13,908,614
     
 
21,647,472
 
   
Compensation Actually Paid vs. Total Shareholder Return LOGO    
Compensation Actually Paid vs. Net Income LOGO    
Compensation Actually Paid vs. Company Selected Measure LOGO    
Total Shareholder Return Vs Peer Group LOGO    
Tabular List, Table
Below, in an unranked order, are the most important financial performance measures used to link executive compensation actually paid to the NEOs to company performance for the fiscal year ended September 30, 2023:
EPS – PS adjusted
Relative TSR
Net Revenues Growth – VIP adjusted
Net Income Growth – VIP adjusted
EPS Growth – VIP adjusted
   
Total Shareholder Return Amount $ 117.24 89.99 112.05
Peer Group Total Shareholder Return Amount 146.42 131.04 159.13
Net Income (Loss) $ 17,273,000,000 $ 14,957,000,000 $ 12,311,000,000
Company Selected Measure Amount 8.66 7.48 5.9
Measure:: 1      
Pay vs Performance Disclosure      
Name EPS – PS adjusted    
Non-GAAP Measure Description We determined EPS, as adjusted for purposes of performance share awards, to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO NEOs for our fiscal year ended September 30, 2023. See the
Compensation Discussion and Analysis – Performance Shares – EPS Goals
in this proxy statement for a description of adjustments from GAAP EPS for purposes of performance share awards granted to the NEOs. EPS – PS adjusted may not have been the most important financial performance measure for fiscal years 2022 and 2021, and we may determine a different financial performance measure to be the most important financial performance measure in future years.
   
Measure:: 2      
Pay vs Performance Disclosure      
Name Relative TSR    
Measure:: 3      
Pay vs Performance Disclosure      
Name Net Revenues Growth – VIP adjusted    
Measure:: 4      
Pay vs Performance Disclosure      
Name Net Income Growth – VIP adjusted    
Measure:: 5      
Pay vs Performance Disclosure      
Name EPS Growth – VIP adjusted    
Alfred F Kelly Jr [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount $ 29,722,432 $ 28,103,602 $ 30,944,838
PEO Actually Paid Compensation Amount $ 47,135,350 28,672,045 45,180,437
PEO Name Mr. Kelly    
Ryan McInerney [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount $ 22,604,568    
PEO Actually Paid Compensation Amount $ 37,908,529    
PEO Name Mr. McInerney    
PEO | Alfred F Kelly Jr [Member] | Change In The Actuarial Present Values Reported Under The Change In Pension Value And Nonqualified Deferred Compensation Earnings [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 0 0 0
PEO | Alfred F Kelly Jr [Member] | Amounts Reported Under The Stock Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (16,416,285) (14,782,648) (17,681,675)
PEO | Alfred F Kelly Jr [Member] | Amounts Reported Under The Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (6,582,523) (5,325,013) (5,125,009)
PEO | Alfred F Kelly Jr [Member] | Total Deductions [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (22,998,808) (20,107,661) (22,806,684)
PEO | Alfred F Kelly Jr [Member] | Service Cost And Prior Service Cost For Pension Plans [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 0
PEO | Alfred F Kelly Jr [Member] | Change In Fair Value From Prior Year End To Vesting Date Of Awards That Vested During The Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 2,421,699 (3,349,742) 536,652
PEO | Alfred F Kelly Jr [Member] | Change In Fair Value From Prior Year End To Current Year End Of Awards Granted Prior To Year That Were Outstanding And Unvested As Of Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 6,922,060 (3,998,879) 109,295
PEO | Alfred F Kelly Jr [Member] | Fair Value As Of Vesting Date Of Awards Granted And Vested During The Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 11,867,548 11,105,167 11,723,759
PEO | Alfred F Kelly Jr [Member] | Fair Value Of Awards Granted During Year That Remain Outstanding And Unvested As Of Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 19,200,419 16,919,558 24,672,577
PEO | Alfred F Kelly Jr [Member] | Total Adjustments [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 40,411,726 20,676,104 37,042,283
PEO | Ryan McInerney [Member] | Change In The Actuarial Present Values Reported Under The Change In Pension Value And Nonqualified Deferred Compensation Earnings [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (4,626)    
PEO | Ryan McInerney [Member] | Amounts Reported Under The Stock Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (11,588,449)    
PEO | Ryan McInerney [Member] | Amounts Reported Under The Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (4,125,008)    
PEO | Ryan McInerney [Member] | Total Deductions [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (15,718,083)    
PEO | Ryan McInerney [Member] | Service Cost And Prior Service Cost For Pension Plans [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
PEO | Ryan McInerney [Member] | Change In Fair Value From Prior Year End To Vesting Date Of Awards That Vested During The Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 3,224,448    
PEO | Ryan McInerney [Member] | Change In Fair Value From Prior Year End To Current Year End Of Awards Granted Prior To Year That Were Outstanding And Unvested As Of Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 6,325,088    
PEO | Ryan McInerney [Member] | Fair Value As Of Vesting Date Of Awards Granted And Vested During The Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0    
PEO | Ryan McInerney [Member] | Fair Value Of Awards Granted During Year That Remain Outstanding And Unvested As Of Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 21,472,508    
PEO | Ryan McInerney [Member] | Total Adjustments [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 31,022,044    
Non-PEO NEO | Change In The Actuarial Present Values Reported Under The Change In Pension Value And Nonqualified Deferred Compensation Earnings [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (1,252) (1,819) (1,579)
Non-PEO NEO | Amounts Reported Under The Stock Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (8,194,271) (7,319,991) (7,870,376)
Non-PEO NEO | Amounts Reported Under The Option Awards [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (1,988,582) (2,712,493) (2,537,493)
Non-PEO NEO | Total Deductions [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (10,184,105) (10,034,303) (10,409,448)
Non-PEO NEO | Service Cost And Prior Service Cost For Pension Plans [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 0 0 0
Non-PEO NEO | Change In Fair Value From Prior Year End To Vesting Date Of Awards That Vested During The Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 787,403 (1,556,250) 783,477
Non-PEO NEO | Change In Fair Value From Prior Year End To Current Year End Of Awards Granted Prior To Year That Were Outstanding And Unvested As Of Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 2,274,253 (2,493,309) 396,916
Non-PEO NEO | Fair Value As Of Vesting Date Of Awards Granted And Vested During The Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 3,168,372 3,916,790 3,967,489
Non-PEO NEO | Fair Value Of Awards Granted During Year That Remain Outstanding And Unvested As Of Year End [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 9,952,418 9,739,505 12,232,742
Non-PEO NEO | Total Adjustments [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 16,182,446 $ 9,606,736 $ 17,380,624