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CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS. (Statement of Cash Flows) (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by operating activities $ 1,500.7 $ 1,486.4
Net cash used in investing activities (76.7) (830.4)
Net cash used in financing activities (623.0) (463.1)
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products (2.2) (2.4)
Net change in cash and cash equivalents during period 798.8 190.5
Cash and cash equivalents at beginning of period 1,495.3 2,005.8
Cash and cash equivalents at ending of period 2,294.1 2,196.3
Consolidation eliminations [Member]    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash used in financing activities 157.7 111.7
Consolidated T. Rowe Price investment products [Member]    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash and cash equivalents at beginning of period 70.1 103.1
Cash and cash equivalents at ending of period 80.9 105.7
Consolidated T. Rowe Price investment products [Member] | Reportable entities [Member]    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by operating activities (523.5) (570.4)
Net cash used in investing activities (8.3) (22.5)
Net cash used in financing activities 544.8 597.9
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products (2.2) (2.4)
Net change in cash and cash equivalents during period 10.8 2.6
Cash and cash equivalents at beginning of period 70.1 103.1
Cash and cash equivalents at ending of period 80.9 105.7
Voting interest entities [Member] | Reportable entities [Member]    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by operating activities (15.1) (40.7)
Net cash used in investing activities (7.4) (0.8)
Net cash used in financing activities 15.5 52.3
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products 0.0 0.0
Net change in cash and cash equivalents during period (7.0) 10.8
Cash and cash equivalents at beginning of period 18.5 7.1
Cash and cash equivalents at ending of period 11.5 17.9
Variable interest entities [Member] | Reportable entities [Member]    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by operating activities (508.4) (529.7)
Net cash used in investing activities (0.9) (21.7)
Net cash used in financing activities 529.3 545.6
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products (2.2) (2.4)
Net change in cash and cash equivalents during period 17.8 (8.2)
Cash and cash equivalents at beginning of period 51.6 96.0
Cash and cash equivalents at ending of period $ 69.4 $ 87.8