XML 47 R34.htm IDEA: XBRL DOCUMENT v3.21.2
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)