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CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS. (Statement of Cash Flows) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by (used in) operating activities $ 994.7 $ 787.7
Net cash used in investing activities (30.8) 27.6
Net cash provided by financing activities (307.5) (992.3)
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products 0.9 (1.2)
Net change in cash and cash equivalents during period 657.3 (178.2)
Cash and cash equivalents at beginning of period 2,256.5 1,858.3
Cash and cash equivalents at ending of period 2,913.8 1,680.1
Consolidated T. Rowe Price investment products    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash and cash equivalents at beginning of period 104.8 76.5
Cash and cash equivalents at ending of period 83.7 117.7
Reportable entities | Consolidated T. Rowe Price investment products    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by (used in) operating activities (143.7) (75.7)
Net cash used in investing activities (27.3) (0.8)
Net cash provided by financing activities 149.0 118.9
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products 0.9 (1.2)
Net change in cash and cash equivalents during period (21.1) 41.2
Cash and cash equivalents at beginning of period 104.8 76.5
Cash and cash equivalents at ending of period 83.7 117.7
Reportable entities | Voting interest entities    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by (used in) operating activities (31.7) 11.3
Net cash used in investing activities (9.1) (0.8)
Net cash provided by financing activities 36.7 2.7
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 (4.1) 13.2
Cash and cash equivalents at beginning of period 7.1 9.9
Cash and cash equivalents at ending of period 3.0 23.1
Reportable entities | Variable interest entities    
Condensed Cash Flow Statements, Captions [Line Items]    
Net cash provided by (used in) operating activities (112.0) (87.0)
Net cash used in investing activities (18.2) 0.0
Net cash provided by financing activities 112.3 116.2
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products 0.9 (1.2)
Net change in cash and cash equivalents during period (17.0) 28.0
Cash and cash equivalents at beginning of period 97.7 66.6
Cash and cash equivalents at ending of period 80.7 94.6
Consolidation eliminations | Consolidated T. Rowe Price investment products    
Condensed Cash Flow Statements, Captions [Line Items]    
Subscriptions payment, net of dividends received $ 34.1 $ (42.8)