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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Assets of consolidated T. Rowe Price investment products	$ 2,247.4	$ 1,680.4
Liabilities of consolidated T. Rowe Price investment products	$ 80.4	$ 38.7
Stockholders' equity
Preferred stock, par value (in dollars per share)	$ 0.2	$ 0.2
Preferred stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, par value (in dollars per share)	$ 0.2	$ 0.2
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares issued (in shares)	234,702,000	238,069,000
Variable interest entities [Member]
Assets of consolidated T. Rowe Price investment products	$ 1,983.7	$ 1,392.6
Liabilities of consolidated T. Rowe Price investment products	$ 69.8	$ 22.7

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