The impacts on the consolidated statements of income for the three and six months ended March 31, 2023 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | | Three Months Ended
March 31, 2023 | | Six Months Ended
March 31, 2023 | | | As Reported | | Adjustments | | As Revised | | As Reported | | Adjustments | | As Revised | | Operating Income | | $ | 255.1 | | | $ | — | | | $ | 255.1 | | | $ | 449.1 | | | $ | — | | | $ | 449.1 | | Other income, net | | | | | | | | | | | | | Investment and other income, net | | 125.6 | | | (65.0) | | | 60.6 | | | 216.7 | | | (66.2) | | | 150.5 | | Other income, net | | 175.9 | | | (65.0) | | | 110.9 | | | 211.0 | | | (66.2) | | | 144.8 | | Income before taxes | | 431.0 | | | (65.0) | | | 366.0 | | | 660.1 | | | (66.2) | | | 593.9 | | Net income | | 338.1 | | | (65.0) | | | 273.1 | | | 506.9 | | | (66.2) | | | 440.7 | | Less: net income (loss) attributable to nonredeemable noncontrolling interest | | 60.7 | | | (65.0) | | | (4.3) | | | 65.4 | | | (66.2) | | | (0.8) | | | Net Income Attributable to Franklin Resources, Inc. | | 194.2 | | | — | | | 194.2 | | | 359.8 | | | — | | | 359.8 | |
The impact on the consolidated statement of cash flows for the six months ended March 31, 2023 are as follows: | | | | | | | | | | | | | | | | | | | | | | (in millions) | | Six Months Ended
March 31, 2023 | | | As Reported | | Adjustments | | As Revised | Net cash used in operating activities | | $ | (289.7) | | | $ | (39.9) | | | $ | (329.6) | | Net cash used in investing activities | | (2,195.0) | | | (26.3) | | | (2,221.3) | | | Net cash provided by financing activities | | 1,920.6 | | | 66.2 | | | 1,986.8 | | Decrease to cash and cash equivalents | | (503.9) | | | — | | | (503.9) | |
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