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CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS - Operating Results (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020
Condensed Income Statements, Captions [Line Items] |  |  |  |
Operating expenses reflected in net operating income | $ (971.2) | $ (861.7) | $ (1,904.8) | $ (1,617.1)
Income before income taxes | 1,102.0 | 968.8 | 2,097.3 | 1,175.7
Net income (loss) attributable to redeemable non-controlling interests | 27.0 | 125.5 | 42.4 | (51.0)
Consolidation eliminations |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
Operating expenses reflected in net operating income | (1.1) | (2.1) | (2.4) | (4.6)
Consolidated T. Rowe Price investment products |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
Income before income taxes | 52.7 | 238.8 | 86.4 | (95.2)
Net income (loss) attributable to T. Rowe Price | 25.7 | 113.3 | 44.0 | (44.2)
Net income (loss) attributable to redeemable non-controlling interests | 27.0 | 125.5 | 42.4 | (51.0)
Consolidated T. Rowe Price investment products | Reportable entities |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
Operating expenses reflected in net operating income | (2.8) | (3.6) | (6.3) | (7.3)
Net investment income (loss) reflected in non-operating income (loss) | 55.5 | 242.4 | 92.7 | (87.9)
Income before income taxes | 52.7 | 238.8 | 86.4 | (95.2)
Voting interest entities |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
Income before income taxes | 7.2 | 16.1 | 13.1 | (19.3)
Net income (loss) attributable to T. Rowe Price | 4.3 | 12.9 | 8.3 | (9.7)
Net income (loss) attributable to redeemable non-controlling interests | 2.9 | 3.2 | 4.8 | (9.6)
Voting interest entities | Reportable entities |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
Operating expenses reflected in net operating income | (0.1) | (0.3) | (0.3) | (0.5)
Net investment income (loss) reflected in non-operating income (loss) | 7.3 | 16.4 | 13.4 | (18.8)
Income before income taxes | 7.2 | 16.1 | 13.1 | (19.3)
Variable interest entities |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
Income before income taxes | 45.5 | 222.7 | 73.3 | (75.9)
Net income (loss) attributable to T. Rowe Price | 21.4 | 100.4 | 35.7 | (34.5)
Net income (loss) attributable to redeemable non-controlling interests | 24.1 | 122.3 | 37.6 | (41.4)
Variable interest entities | Reportable entities |  |  |  |
Condensed Income Statements, Captions [Line Items] |  |  |  |
Operating expenses reflected in net operating income | (2.7) | (3.3) | (6.0) | (6.8)
Net investment income (loss) reflected in non-operating income (loss) | 48.2 | 226.0 | 79.3 | (69.1)
Income before income taxes | $ 45.5 | $ 222.7 | $ 73.3 | $ (75.9)

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