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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 2,213.2 $ 1,425.2
Accounts receivable and accrued revenue 620.6 549.6
Investments 2,605.9 2,453.4
Assets of consolidated T. Rowe Price investment products ($1,983.7 million at September 30, 2019 and $1,392.6 million at December 31, 2018, related to variable interest entities) 2,247.4 1,680.4
Operating lease assets 111.3 0.0
Property and equipment, net 678.8 661.3
Goodwill 665.7 665.7
Other assets 254.9 253.7
Total assets 9,397.8 7,689.3
LIABILITIES    
Accounts payable and accrued expenses 203.3 228.5
Liabilities of consolidated T. Rowe Price investment products ($69.8 million at September 30, 2019 and $22.7 million at December 31, 2018, related to variable interest entities) 80.4 38.7
Operating lease liabilities 146.4 0.0
Accrued compensation and related costs 534.0 123.3
Supplemental savings plan liability 441.8 380.0
Income taxes payable 49.2 54.2
Total liabilities 1,455.1 824.7
Commitments and contingent liabilities
Redeemable non-controlling interests 1,102.9 740.3
STOCKHOLDERS’ EQUITY    
Preferred stock, undesignated, $.20 par value – authorized and unissued 20,000,000 shares 0.0 0.0
Common stock, $.20 par value—authorized 750,000,000; issued 234,702,000 shares at September 30, 2019 and 238,069,000 at December 31, 2018 46.9 47.6
Additional capital in excess of par value 654.6 654.6
Retained earnings 6,187.0 5,464.1
Accumulated other comprehensive loss (48.7) (42.0)
Total permanent stockholders’ equity 6,839.8 6,124.3
Total liabilities, redeemable non-controlling interests, and permanent stockholders’ equity $ 9,397.8 $ 7,689.3