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OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME. (Tables) | 12 Months Ended
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Dec. 31, 2019
Stockholders' Equity Note [Abstract] |
Impact of the components of other comprehensive income on deferred tax benefits (income taxes) | The following table presents the impact of the components of other comprehensive income or loss on deferred tax benefits (income taxes).
(in millions) | 2019 |  | 2018 |  | 2017
Net deferred tax benefits (income taxes) on: |  |  |  |  |
Currency translation adjustments | $ | .5 |  |  | $ | 8.3 |  |  | $ | (18.5 | )
Reclassification adjustment recognized in the provision for income taxes upon deconsolidation of T. Rowe Price investment product | — |  |  | .9 |  |  | — |
Total deferred tax benefits (income taxes) on currency translation adjustments | .5 |  |  | 9.2 |  |  | (18.5 | )
Net unrealized holding gains or losses(1) | — |  |  | — |  |  | (14.6 | )
Reclassification adjustments recognized in the provision for income taxes: |  |  |  |  |
Capital gain distributions | — |  |  | — |  |  | 1.4 |
Net gains realized on dispositions | — |  |  | — |  |  | 32.5 |
Net gains recognized upon transfer to trading investments | — |  |  | — |  |  | 9.2 |
Net deferred tax benefits (income taxes) on net unrealized holding gains or losses | — |  |  | — |  |  | 28.5 |
Total net deferred tax benefits | $ | .5 |  |  | $ | 9.2 |  |  | $ | 10.0 |
(1) On January 1, 2018, we implemented new accounting guidance that eliminated the available-for-sale investment category for equity securities and required unrealized holding gains on equity securities to be recognized in the consolidated income statement. Prior to this guidance, unrealized holding gains for available-for-sale equity securities were recognized in accumulated other comprehensive income and reclassified to the consolidated income statement upon sale of the investment. As a result of this change, reclassification of unrealized holding gains from accumulated other comprehensive income did not occur in 2019 or 2018.
Changes in accumulated other comprehensive income | The changes in each component of accumulated other comprehensive income (loss), including reclassification are presented below.
|  | Currency translation adjustments |  |  |  |
(in millions) |  | Equity method investments |  | Consolidated T. Rowe Price investment products - variable interest entities |  | Total currency translation adjustments |  | Net unrealized holding gains |  | Total
Balances at December 31, 2016 |  | $ | (32.3 | ) |  | $ | (8.4 | ) |  | $ | (40.7 | ) |  | $ | 52.2 |  |  | $ | 11.5 |
Other comprehensive income (loss) before reclassifications and income taxes |  | 2.6 |  |  | 45.2 |  |  | 47.8 |  |  | 37.4 |  |  | 85.2 |
Reclassification adjustments recognized in non-operating income |  | — |  |  | (.1 | ) |  | (.1 | ) |  | (110.2 | ) |  | (110.3 | )
|  | 2.6 |  |  | 45.1 |  |  | 47.7 |  |  | (72.8 | ) |  | (25.1 | )
Net deferred tax benefits (income taxes) |  | (.9 | ) |  | (17.6 | ) |  | (18.5 | ) |  | 28.5 |  |  | 10.0 |
Other comprehensive income (loss) |  | 1.7 |  |  | 27.5 |  |  | 29.2 |  |  | (44.3 | ) |  | (15.1 | )
Balances at December 31, 2017 |  | (30.6 | ) |  | 19.1 |  |  | (11.5 | ) |  | 7.9 |  |  | (3.6 | )
Reclassification of unrealized holding gains to retained earnings upon adoption of new financial instruments guidance(1)(2) |  | — |  |  | — |  |  | — |  |  | (7.9 | ) |  | (7.9 | )
Reclassification adjustment of stranded tax benefits on currency translation adjustments upon adoption of new accumulated other comprehensive income guidance |  | (6.4 | ) |  | 4.1 |  |  | (2.3 | ) |  | — |  |  | (2.3 | )
Balance at January 1, 2018 |  | (37.0 | ) |  | 23.2 |  |  | (13.8 | ) |  | — |  |  | (13.8 | )
Other comprehensive income (loss) before reclassifications and income taxes |  | (15.2 | ) |  | (18.6 | ) |  | (33.8 | ) |  | — |  |  | (33.8 | )
Reclassification adjustments recognized in non-operating income |  | — |  |  | (3.6 | ) |  | (3.6 | ) |  | — |  |  | (3.6 | )
|  | (15.2 | ) |  | (22.2 | ) |  | (37.4 | ) |  | — |  |  | (37.4 | )
Net deferred tax benefits (income taxes) |  | 3.4 |  |  | 5.8 |  |  | 9.2 |  |  | — |  |  | 9.2 |
Other comprehensive income (loss) |  | (11.8 | ) |  | (16.4 | ) |  | (28.2 | ) |  | — |  |  | (28.2 | )
Balances at December 31, 2018 |  | (48.8 | ) |  | 6.8 |  |  | (42.0 | ) |  | — |  |  | (42.0 | )
Other comprehensive income (loss) before reclassifications and income taxes |  | 2.4 |  |  | (3.8 | ) |  | (1.4 | ) |  | — |  |  | (1.4 | )
Reclassification adjustments recognized in non-operating income |  | — |  |  | (.1 | ) |  | (.1 | ) |  | — |  |  | (.1 | )
|  | 2.4 |  |  | (3.9 | ) |  | (1.5 | ) |  | — |  |  | (1.5 | )
Net deferred tax benefits (income taxes) |  | (.5 | ) |  | 1.0 |  |  | .5 |  |  | — |  |  | .5 |
Other comprehensive income (loss) |  | 1.9 |  |  | (2.9 | ) |  | (1.0 | ) |  | — |  |  | (1.0 | )
Balances at December 31, 2019 |  | $ | (46.9 | ) |  | $ | 3.9 |  |  | $ | (43.0 | ) |  | $ | — |  |  | $ | (43.0 | )
(1) On January 1, 2018, we implemented new accounting guidance that eliminated the available-for-sale investment category for equity securities and required unrealized holding gains on most equity securities to be recognized in the consolidated income statement. Prior to this guidance, unrealized holding gains for available-for-sale equity securities were recognized in accumulated other comprehensive income. Upon adoption, we reclassified the accumulated net of tax unrealized holding gain related to our available-for-sale investment portfolio from accumulated other comprehensive income to retained earnings. (2) 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.

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580 + Details
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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e526-108580 + Details
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