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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Assets of consolidated T. Rowe Price investment products	$ 1,946.8	$ 2,695.5
Liabilities of consolidated T. Rowe Price investment products	$ 53.7	$ 57.7
Stockholders' equity
Preferred stock, par value (in dollars per share)	$ 0.20	$ 0.20
Preferred stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, par value (in dollars per share)	$ 0.20	$ 0.20
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares issued (in shares)	226,948,000	227,965,000
Variable interest entities
Assets of consolidated T. Rowe Price investment products	$ 1,782.9	$ 2,497.4
Liabilities of consolidated T. Rowe Price investment products	$ 49.0	$ 47.7

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