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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Assets of consolidated T. Rowe Price investment products $ 2,276.9   $ 1,680.4
Liabilities of consolidated T. Rowe Price investment products $ 39.2   $ 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 outstanding (in shares) 235,214,000   238,069,000
Common stock, shares issued (in shares)   235,214,000 238,069,000
Variable interest entities      
Assets of consolidated T. Rowe Price investment products $ 1,975.3   $ 1,392.6
Liabilities of consolidated T. Rowe Price investment products $ 27.0   $ 22.7