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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Net revenues $ 1,394.6 $ 1,238.7 $ 4,067.6 $ 3,557.3
Operating expenses        
Compensation and related costs 454.3 417.4 1,351.7 1,218.6
Distribution and servicing 71.4 67.4 213.3 192.0
Advertising and promotion 20.2 14.0 63.8 58.4
Product-related costs 37.9 37.9 117.1 110.9
Technology, occupancy, and facility costs 96.5 86.3 283.8 254.7
General, administrative, and other 73.7 67.2 218.8 194.9
Nonrecurring insurance recoveries related to Dell appraisal rights matter 0.0 0.0 0.0 (50.0)
Total operating expenses 754.0 690.2 2,248.5 1,979.5
Net operating income 640.6 548.5 1,819.1 1,577.8
Non-operating income        
Net gains on investments 116.1 28.9 147.9 165.1
Net gains on consolidated investment products 8.7 37.5 28.6 125.8
Other income (loss) 0.1 0.9 (1.4) 3.4
Total non-operating income 124.9 67.3 175.1 294.3
Income before income taxes 765.5 615.8 1,994.2 1,872.1
Provision for income taxes 183.9 211.6 497.5 677.5
Net income 581.6 404.2 1,496.7 [1] 1,194.6 [1]
Less: net income (loss) attributable to redeemable non-controlling interests (1.4) 13.3 11.1 43.9
Net income attributable to T. Rowe Price Group $ 583.0 $ 390.9 $ 1,485.6 $ 1,150.7
Earnings per share on common stock of T. Rowe Price Group        
Basic (in dollars per share) $ 2.34 $ 1.59 $ 5.97 $ 4.67
Diluted (in dollars per share) 2.30 1.56 5.85 4.60
Dividends declared per share (in dollars per share) $ 0.7 $ 0.57 $ 2.1 $ 1.71
Investment advisory fees [Member]        
Revenues        
Net revenues $ 1,263.3 $ 1,098.9 $ 3,666.9 $ 3,137.6
Administrative, distribution, and servicing fees [Member]        
Revenues        
Net revenues $ 131.3 $ 139.8 $ 400.7 $ 419.7
[1] See note 12 for supplementary consolidating cash flow statements.