Item 6. SELECTED FINANCIAL DATA


	Year ended September 30,
in millions, except per share amounts	2020		2019		2018		2017		2016
Operating results:
Net revenues	$	7,990	$	7,740	$	7,274	$	6,371	$	5,405
Net income	$	818	$	1,034	$	857	$	636	$	529
Earnings per common share - basic	$	5.94	$	7.32	$	5.89	$	4.43	$	3.72
Earnings per common share - diluted	$	5.83	$	7.17	$	5.75	$	4.33	$	3.65
Weighted-average common shares outstanding - basic	137.6		141.0		145.3		143.3		141.8
Weighted-average common and common equivalent shares outstanding - diluted	140.2		144.0		148.8		146.6		144.5
Dividends per common share - declared	$	1.48	$	1.36	$	1.10	$	0.88	$	0.80

Financial condition:
Total assets	$	47,482	$	38,830	$	37,413	$	34,883	$	31,487

Long-term borrowings:
Non-current portion of other borrowings	$	858	$	889	$	894	$	899	$	604
Non-current portion of senior notes payable	$	2,050	$	1,550	$	1,550	$	1,550	$	1,700
Total long-term borrowings	$	2,908	$	2,439	$	2,444	$	2,449	$	2,304
Total equity attributable to Raymond James Financial, Inc.	$	7,114	$	6,581	$	6,368	$	5,582	$	4,917
Shares outstanding	136.6		137.8		145.6		144.1		141.5
Book value per share	$	52.08	$	47.76	$	43.73	$	38.74	$	34.73

Amounts related to senior notes payable exclude the impact of debt issuance costs and unaccreted discounts or premiums.

RAYMOND JAMES FINANCIAL, INC. AND SUBSIDIARIES