XML 18 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net income [1] $ 1,581.2 $ 1,254.0 $ 1,223.0
Adjustments to reconcile net income to net cash provided by (used in) operating activities      
Depreciation and amortization of property and equipment [1] 143.6 133.4 126.3
Stock-based compensation expense [1] 152.0 161.6 149.0
Realized gains on dispositions of available-for-sale T. Rowe Price investment products [1] (83.1) (53.0) (56.5)
Gains recognized upon transfer of an investment in a T. Rowe Price mutual fund from available-for-sale to held as trading [1] (23.6) 0.0 0.0
Net gains recognized on other investments [1] (49.7) (31.0) (5.9)
Investments in T. Rowe Price mutual funds held as trading to economically hedge supplemental savings plan liability [1] (218.6) 0.0 0.0
Net change in trading securities held by consolidated T. Rowe Price investment products [1] (1,492.9) (1,297.9) (7.5)
Changes in accounts receivable and accrued revenue [1] (100.8) (9.3) (3.2)
Changes in payables and accrued liabilities [1] 323.4 138.6 98.2
Other changes in assets and liabilities [1] (2.0) (125.9) 7.1
Net cash provided by (used in) operating activities [1] 229.5 170.5 1,530.5
Cash flows from investing activities      
Purchases of available-for-sale T. Rowe Price investment products [1] (16.9) (0.1) (164.8)
Dispositions of available-for-sale T. Rowe Price investment products [1] 334.7 133.7 434.5
Net cash of T. Rowe Price investment products on consolidation (deconsolidation) [1] (64.2) 41.4 0.0
Additions to property and equipment [1] (186.1) (148.3) (151.3)
Other investing activity [1] (28.5) 79.5 (9.4)
Net cash provided by (used in) investing activities [1] 39.0 106.2 109.0
Cash flows from financing activities      
Repurchases of common stock [1] (458.1) (676.9) (987.8)
Common share issuances under stock-based compensation plans [1] 201.1 126.3 73.5
Dividends paid to common stock and equity-award holders [1] (563.1) (540.8) (1,059.0)
Net subscriptions received from redeemable non-controlling interest holders [1] 1,281.6 915.0 0.0
Net cash (used in) provided by financing activities [1] 461.5 (176.4) (1,973.3)
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products [1] 5.3 (2.1) 0.0
Net change in cash and cash equivalents during period [1] 735.3 98.2 (333.8)
Cash and cash equivalents at beginning of year [1] 1,270.5 1,172.3 1,506.1
Cash and cash equivalents at end of year [1] $ 2,005.8 $ 1,270.5 $ 1,172.3
[1] See note 15 for a supplementary consolidating cash flow schedule.