XML 57 R31.htm IDEA: XBRL DOCUMENT
v3.8.0.1

THE COMPANY AND BASIS OF PREPARATION. (Impact on Condensed Consolidated Statements of Income) (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2018 | Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017
Condensed Income Statements, Captions [Line Items] |  |  |  |  |
Investment advisory fees | $ 1,189.2 | $ 1,158.2 | $ 1,098.9 | $ 1,046.0 | $ 992.7
Administrative, distribution, and servicing fees | 138.8 | 139.4 | 139.8 | 140.0 | 139.9
Net revenues | 1,328.0 | 1,297.6 | 1,238.7 | 1,186.0 | 1,132.6
Compensation and related costs | 441.4 | 446.3 | 417.4 | 403.8 | 397.4
Distribution and servicing | 70.3 | 70.6 | 67.4 | 64.8 | 59.8
Advertising and promotion | 24.6 | 34.0 | 14.0 | 18.7 | 25.7
Product-related costs | 42.1 | 35.1 | 37.9 | 34.4 | 38.6
Technology, occupancy, and facility costs | 94.1 | 95.8 | 86.3 | 85.6 | 82.8
General, administrative, and other | 71.7 | 84.8 | 67.2 | 71.1 | 56.6
Nonrecurring insurance recoveries related to Dell appraisal rights matter | 0.0 |  |  | 0.0 | (50.0)
Total operating expenses | 744.2 | 766.6 | 690.2 | 678.4 | 610.9
Net operating income | $ 583.8 | 531.0 | 548.5 | 507.6 | 521.7
As previously reported [Member] |  |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |  |
Investment advisory fees |  | 1,156.0 | 1,096.7 | 1,043.9 | 991.1
Administrative, distribution, and servicing fees |  | 130.1 | 125.0 | 127.7 | 122.5
Net revenues |  | 1,286.1 | 1,221.7 | 1,171.6 | 1,113.6
Compensation and related costs |  | 446.3 | 417.4 | 403.8 | 397.4
Distribution and servicing |  | 38.0 | 37.4 | 36.4 | 35.2
Advertising and promotion |  | 33.8 | 14.0 | 18.6 | 25.6
Product-related costs |  | 0.0 | 0.0 | 0.0 | 0.0
Technology, occupancy, and facility costs |  | 90.4 | 84.0 | 83.1 | 81.0
General, administrative, and other |  | 146.6 | 120.4 | 122.1 | 102.7
Nonrecurring insurance recoveries related to Dell appraisal rights matter |  |  |  | 0.0 | (50.0)
Total operating expenses |  | 755.1 | 673.2 | 664.0 | 591.9
Net operating income |  | 531.0 | 548.5 | 507.6 | 521.7
Adjustment [Member] | Impact of ASC 606 [Member] |  |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |  |
Investment advisory fees |  | 2.2 | 2.2 | 2.1 | 1.6
Administrative, distribution, and servicing fees |  | 9.3 | 14.8 | 12.3 | 17.4
Net revenues |  | 11.5 | 17.0 | 14.4 | 19.0
Compensation and related costs |  | 0.0 | 0.0 | 0.0 | 0.0
Distribution and servicing |  | 2.4 | 2.1 | 2.0 | 1.7
Advertising and promotion |  | 0.2 | 0.0 | 0.1 | 0.1
Product-related costs |  | 9.1 | 14.5 | 12.0 | 17.2
Technology, occupancy, and facility costs |  | (0.1) | 0.1 | 0.0 | 0.0
General, administrative, and other |  | (0.1) | 0.3 | 0.3 | 0.0
Nonrecurring insurance recoveries related to Dell appraisal rights matter |  |  |  | 0.0 | 0.0
Total operating expenses |  | 11.5 | 17.0 | 14.4 | 19.0
Net operating income |  | 0.0 | 0.0 | 0.0 | 0.0
Adjustment [Member] | Change in presentation [Member] |  |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |  |
Investment advisory fees |  | 0.0 | 0.0 | 0.0 | 0.0
Administrative, distribution, and servicing fees |  | 0.0 | 0.0 | 0.0 | 0.0
Net revenues |  | 0.0 | 0.0 | 0.0 | 0.0
Compensation and related costs |  | 0.0 | 0.0 | 0.0 | 0.0
Distribution and servicing |  | 30.2 | 27.9 | 26.4 | 22.9
Advertising and promotion |  | 0.0 | 0.0 | 0.0 | 0.0
Product-related costs |  | 26.0 | 23.4 | 22.4 | 21.4
Technology, occupancy, and facility costs |  | 5.5 | 2.2 | 2.5 | 1.8
General, administrative, and other |  | (61.7) | (53.5) | (51.3) | (46.1)
Nonrecurring insurance recoveries related to Dell appraisal rights matter |  |  |  | 0.0 | 0.0
Total operating expenses |  | 0.0 | 0.0 | 0.0 | 0.0
Net operating income |  | $ 0.0 | $ 0.0 | $ 0.0 | $ 0.0

X
- Definition Administrative Services Revenue And Distribution Fees + References No definition available. + Details
Name: | trow_AdministrativeServicesRevenueAndDistributionFees
Namespace Prefix: | trow_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Distribution Expenses + References No definition available. + Details
Name: | trow_DistributionExpenses
Namespace Prefix: | trow_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Product-Related And Client Servicing Expenses + References No definition available. + Details
Name: | trow_ProductRelatedAndClientServicingExpenses
Namespace Prefix: | trow_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Technology, Depreciation, Occupancy, And Facility Expenses + References No definition available. + Details
Name: | trow_TechnologyDepreciationOccupancyAndFacilityExpenses
Namespace Prefix: | trow_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_CondensedIncomeStatementsCaptionsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of fees earned from providing investment advice and research to customers. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13(a),(d)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
Name: | us-gaap_InvestmentAdvisoryFees
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of revenue from providing investment advisory, asset management and administrative services, including, but not limited to, distribution and shareholder services, accounting, tax, legal, regulatory filing, share registration, and shareholder correspondence activities. + References No definition available. + Details
Name: | us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_LaborAndRelatedExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The total expense recognized in the period for promotion, public relations, and brand or product advertising. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_MarketingAndAdvertisingExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. + References No definition available. + Details
Name: | us-gaap_OperatingExpenses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The net result for the period of deducting operating expenses from operating revenues. + References No definition available. + Details
Name: | us-gaap_OperatingIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of general and administrative expense classified as other. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_OtherGeneralAndAdministrativeExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, after deduction of insurance proceeds, of loss recognized in the income statement for an event or transaction that is unusual in nature or infrequent in occurrence, or both. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64828382&loc=d3e15138-107781 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 605 -SubTopic 40 -Section 25 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=68049474&loc=d3e59170-111647 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 66 -URI http://asc.fasb.org/extlink&oid=96868398&loc=d3e34211-109320 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -SubTopic 30 -Section 25 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=68058642&loc=SL49131409-203069 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -SubTopic 30 -Section 25 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=68058642&loc=SL49131408-203069 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 605 -SubTopic 40 -Section 25 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=68049474&loc=d3e59193-111647 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 10 -Section 60 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77894791&loc=d3e11642-108343 + Details
Name: | us-gaap_UnusualOrInfrequentItemNetOfInsuranceProceeds
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_StatementScenarioAxis=us-gaap_ScenarioPreviouslyReportedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementScenarioAxis=us-gaap_RestatementAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AdjustmentsForNewAccountingPronouncementsAxis=us-gaap_AccountingStandardsUpdate201409Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | trow_AdjustmentsForReclassificationsAxis=trow_ReclassificationsDueToPresentationChangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |