XML 49 R8.htm IDEA: XBRL DOCUMENT v3.19.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Restricted stock units [Member]
Common stock [Member]
Common stock [Member]
Restricted stock units [Member]
Additional capital in excess of par value [Member]
Additional capital in excess of par value [Member]
Restricted stock units [Member]
Retained earnings [Member]
Accumulated other comprehensive income (loss) [Member]
 [2]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cumulative effect adjustment upon adoption of new accounting guidance | Accounting standards update 2016-01 [Member] [1] $ 14.5           $ 22.4 $ (7.9)
Cumulative effect adjustment upon adoption of new accounting guidance | Accounting standards update 2018-02, currency translation adjustments [Member]             2.3 (2.3)
Balances, As Adjusted 5,838.9   $ 49.0   $ 846.1   4,957.6 (13.8)
Balances (in shares) at Dec. 31, 2017     245,111,000          
Beginning Balance at Dec. 31, 2017 5,824.4   $ 49.0   846.1   4,932.9 (3.6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,485.6           1,485.6  
Other comprehensive income (loss), net of tax (17.2)             (17.2)
Dividends declared (522.5)           (522.5)  
Common stock-based compensation plans activity                
Shares issued upon option exercises (in shares)     2,770,000          
Shares issued upon option exercises 117.2   $ 0.6   116.6      
Restricted shares issued, net of shares withheld for taxes (in shares)       8,000        
Restricted shares issued, net of shares withheld for taxes   $ (0.1)       $ (0.1)    
Net shares issued upon vesting of restricted stock units (in shares)       71,000        
Net shares issued upon vesting of restricted stock units   (1.9)       (1.9)    
Forfeiture of restricted awards (in shares)     (8,000)          
Stock-based compensation expense 135.3       135.3      
Restricted stock units issued as dividend equivalents         0.1   (0.1)  
Common shares repurchased (in shares)     (5,353,000)          
Common shares repurchased (574.8)   $ (1.1)   (441.6)   (132.1)  
Balances (in shares) at Sep. 30, 2018     242,599,000          
Ending Balance at Sep. 30, 2018 6,460.5   $ 48.5   654.5   5,788.5 (31.0)
Beginning balances attributable to redeemable non-controlling interests at Dec. 31, 2017 992.8              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income (loss) attributable to redeemable non-controlling interests 11.1              
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (16.8)              
Net subscriptions into consolidated T. Rowe Price investment products 468.5              
Net reconsolidations (deconsolidations) of T. Rowe Price investment products (595.0)              
Ending balances attributable to redeemable non-controlling interests at Sep. 30, 2018 860.6              
Balances (in shares) at Jun. 30, 2018     243,180,000          
Beginning Balance at Jun. 30, 2018 6,114.6   $ 48.6   654.6   5,435.1 (23.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 583.0           583.0  
Other comprehensive income (loss), net of tax (7.3)             (7.3)
Dividends declared (173.7)           (173.7)  
Common stock-based compensation plans activity                
Shares issued upon option exercises (in shares)     529,000          
Shares issued upon option exercises 25.1   $ 0.2   24.9      
Net shares issued upon vesting of restricted stock units (in shares)       15,000        
Net shares issued upon vesting of restricted stock units   (1.2)       (1.2)    
Forfeiture of restricted awards (in shares)     (2,000)          
Stock-based compensation expense 44.5       44.5      
Common shares repurchased (in shares)     (1,123,000)          
Common shares repurchased (124.5)   $ (0.3)   (68.3)   (55.9)  
Balances (in shares) at Sep. 30, 2018     242,599,000          
Ending Balance at Sep. 30, 2018 6,460.5   $ 48.5   654.5   5,788.5 (31.0)
Beginning balances attributable to redeemable non-controlling interests at Jun. 30, 2018 739.2              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income (loss) attributable to redeemable non-controlling interests (1.4)              
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (3.3)              
Net subscriptions into consolidated T. Rowe Price investment products 145.9              
Net reconsolidations (deconsolidations) of T. Rowe Price investment products (19.8)              
Ending balances attributable to redeemable non-controlling interests at Sep. 30, 2018 860.6              
Balances (in shares) at Dec. 31, 2018     238,069,000          
Beginning Balance at Dec. 31, 2018 6,124.3   $ 47.6   654.6   5,464.1 (42.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,586.0           1,586.0  
Other comprehensive income (loss), net of tax (6.7)             (6.7)
Dividends declared $ (549.9)           (549.9)  
Common stock-based compensation plans activity                
Shares issued upon option exercises (in shares) 2,847,972   2,277,000          
Shares issued upon option exercises $ 119.3   $ 0.4   118.9      
Restricted shares issued, net of shares withheld for taxes (in shares)       7,000        
Restricted shares issued, net of shares withheld for taxes   (0.1)       (0.1)    
Net shares issued upon vesting of restricted stock units (in shares)       51,000        
Net shares issued upon vesting of restricted stock units   (2.6)       (2.6)    
Forfeiture of restricted awards (in shares)     (10,000)          
Stock-based compensation expense 136.2       136.2      
Restricted stock units issued as dividend equivalents         0.1   (0.1)  
Common shares repurchased (in shares)     (5,692,000)          
Common shares repurchased (566.7)   $ (1.1)   (252.5)   (313.1)  
Balances (in shares) at Sep. 30, 2019     234,702,000          
Ending Balance at Sep. 30, 2019 6,839.8   $ 46.9   654.6   6,187.0 (48.7)
Beginning balances attributable to redeemable non-controlling interests at Dec. 31, 2018 740.3              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income (loss) attributable to redeemable non-controlling interests 69.0              
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (17.7)              
Net subscriptions into consolidated T. Rowe Price investment products 392.7              
Net reconsolidations (deconsolidations) of T. Rowe Price investment products (81.4)              
Ending balances attributable to redeemable non-controlling interests at Sep. 30, 2019 1,102.9              
Balances (in shares) at Jun. 30, 2019     235,518,000          
Beginning Balance at Jun. 30, 2019 6,579.1   $ 47.1   654.6   5,915.9 (38.5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 545.9           545.9  
Other comprehensive income (loss), net of tax (10.2)             (10.2)
Dividends declared (182.7)           (182.7)  
Common stock-based compensation plans activity                
Shares issued upon option exercises (in shares)     782,000          
Shares issued upon option exercises 36.5   $ 0.1   36.4      
Net shares issued upon vesting of restricted stock units (in shares)       18,000        
Net shares issued upon vesting of restricted stock units   $ (1.2)       $ (1.2)    
Forfeiture of restricted awards (in shares)     (3,000)          
Stock-based compensation expense 45.5       45.5      
Common shares repurchased (in shares)     (1,613,000)          
Common shares repurchased (173.1)   $ (0.3)   (80.7)   (92.1)  
Balances (in shares) at Sep. 30, 2019     234,702,000          
Ending Balance at Sep. 30, 2019 6,839.8   $ 46.9   $ 654.6   $ 6,187.0 $ (48.7)
Beginning balances attributable to redeemable non-controlling interests at Jun. 30, 2019 1,012.3              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income (loss) attributable to redeemable non-controlling interests (0.8)              
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (17.4)              
Net subscriptions into consolidated T. Rowe Price investment products 181.1              
Net reconsolidations (deconsolidations) of T. Rowe Price investment products (72.3)              
Ending balances attributable to redeemable non-controlling interests at Sep. 30, 2019 $ 1,102.9              
[1] Includes the reclassification of $1.7 million of stranded income taxes on available-for-sale investments resulting from U.S. tax law changes enacted on December 22, 2017, from accumulated other comprehensive income to retained earnings.
[2] Accumulated other comprehensive income.