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INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. | 12 Months Ended
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Dec. 31, 2018
Information about Receivables, Revenues, and Services [Abstract] |
INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES | INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. Revenues earned during the years ended December 31, 2018, 2017 and 2016 under agreements with clients include:
| 2018
(in millions) | U.S. mutual funds |  | Subadvised and separate accounts and other investment products |  | Other clients |  | Total
Investment advisory fees | $ | 3,375.0 |  |  | $ | 1,475.6 |  |  | $ | — |  |  | $ | 4,850.6 |
Administrative fees | 302.2 |  |  | — |  |  | 81.8 |  |  | 384.0 |
Distribution and servicing fees | 138.0 |  |  | — |  |  | — |  |  | 138.0 |
Net revenues | $ | 3,815.2 |  |  | $ | 1,475.6 |  |  | $ | 81.8 |  |  | $ | 5,372.6 |
| 2017
(in millions) | U.S. mutual funds |  | Subadvised and separate accounts and other investment products |  | Other clients |  | Total
Investment advisory fees | $ | 3,080.0 |  |  | $ | 1,215.8 |  |  | $ | — |  |  | $ | 4,295.8 |
Administrative fees | 333.6 |  |  | — |  |  | 78.5 |  |  | 412.1 |
Distribution and servicing fees | 147.0 |  |  | — |  |  | — |  |  | 147.0 |
Net revenues | $ | 3,560.6 |  |  | $ | 1,215.8 |  |  | $ | 78.5 |  |  | $ | 4,854.9 |
| 2016
(in millions) | U.S. mutual funds |  | Subadvised and separate accounts and other investment products |  | Other clients |  | Total
Investment advisory fees | $ | 2,711.7 |  |  | $ | 1,023.3 |  |  | $ | — |  |  | $ | 3,735.0 |
Administrative fees | 329.9 |  |  | — |  |  | 78.2 |  |  | 408.1 |
Distribution and servicing fees | 141.7 |  |  | — |  |  | — |  |  | 141.7 |
Net revenues | $ | 3,183.3 |  |  | $ | 1,023.3 |  |  | $ | 78.2 |  |  | $ | 4,284.8 |
The following table details the investment advisory fees earned from clients by their underlying asset class.
(in millions) | 2018 |  | 2017 |  | 2016
U.S. mutual funds |  |  |  |  |
Equity and blended assets | $ | 2,858.1 |  |  | $ | 2,571.7 |  |  | $ | 2,228.7 |
Fixed income, including money market | 516.9 |  |  | 508.3 |  |  | 483.0 |
| 3,375.0 |  |  | 3,080.0 |  |  | 2,711.7 |
Subadvised and separate accounts and other investment products |  |  |  |  |
Equity and blended assets | 1,236.8 |  |  | 1,009.4 |  |  | 850.3 |
Fixed income, including money market | 238.8 |  |  | 206.4 |  |  | 173.0 |
| 1,475.6 |  |  | 1,215.8 |  |  | 1,023.3 |
Total | $ | 4,850.6 |  |  | $ | 4,295.8 |  |  | $ | 3,735.0 |
The following table summarizes the investment portfolios and assets under management on which we earn investment advisory fees.
(in billions) | Average during |  | As of December 31,
| 2018 |  | 2017 |  | 2016 |  | 2018 |  | 2017
U.S. mutual funds |  |  |  |  |  |  |  |  |
Equity and blended assets | $ | 493.6 |  |  | $ | 447.5 |  |  | $ | 386.1 |  |  | $ | 441.1 |  |  | $ | 480.5 |
Fixed income, including money market | 128.2 |  |  | 121.0 |  |  | 109.4 |  |  | 123.4 |  |  | 125.8 |
| 621.8 |  |  | 568.5 |  |  | 495.5 |  |  | 564.5 |  |  | 606.3 |
Subadvised and separate accounts and other investment products |  |  |  |  |  |  |  |  |
Equity and blended assets | 317.3 |  |  | 256.4 |  |  | 211.1 |  |  | 299.2 |  |  | 291.9 |
Fixed income, including money market | 97.4 |  |  | 84.1 |  |  | 71.6 |  |  | 98.6 |  |  | 92.9 |
| 414.7 |  |  | 340.5 |  |  | 282.7 |  |  | 397.8 |  |  | 384.8 |
Total | $ | 1,036.5 |  |  | $ | 909.0 |  |  | $ | 778.2 |  |  | $ | 962.3 |  |  | $ | 991.1 |
Investors that we serve are primarily domiciled in the U.S.; investment advisory clients outside the U.S. account for about 6% of our assets under management at December 31, 2018 and 2017. Total net revenues earned from T. Rowe Price investment products totaled $4,453.6 million in 2018, $4,038.8 million in 2017, and $3,569.3 million in 2016. Accounts receivable from these products aggregate to $354.8 million at December 31, 2018 and $371.9 million at December 31, 2017.

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- Definition This element is used to indicate facts reported for the continuing operations of a business entity including disclosure of receivables from sponsored mutual funds for both advisory fees and administrative services provided. This element also includes disclosure of the components of investment advisory fees and administrative fees earned as well as the components of average assets and period end assets under management. + References No definition available. + Details
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