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CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS - Operating Results (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income $ (957.9) $ (866.9) $ (2,862.7) $ (2,484.0)
Income before income taxes 984.7 920.5 3,082.0 2,096.2
Net income (loss) attributable to redeemable non-controlling interests (19.8) 55.4 22.6 4.4
Consolidation eliminations        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (1.6) (2.7) (4.0) (7.3)
Consolidated T. Rowe Price investment products        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes (19.9) 96.8 66.5 1.6
Net income (loss) attributable to T. Rowe Price (19.8) 41.4 22.6 4.4
Net income (loss) attributable to redeemable non-controlling interests (0.1) 55.4 43.9 (2.8)
Consolidated T. Rowe Price investment products | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (2.8) (4.4) (9.1) (11.7)
Net investment income (loss) reflected in non-operating income (loss) (17.1) 101.2 75.6 13.3
Income before income taxes (19.9) 96.8 66.5 1.6
Voting interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 0.6 12.4 13.7 (6.9)
Net income (loss) attributable to T. Rowe Price 0.1 7.0 4.9 (4.2)
Net income (loss) attributable to redeemable non-controlling interests 0.5 5.4 8.8 (2.7)
Voting interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (0.1) (0.7) (0.4) (1.2)
Net investment income (loss) reflected in non-operating income (loss) 0.7 13.1 14.1 (5.7)
Income before income taxes 0.6 12.4 13.7 (6.9)
Variable interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes (20.5) 84.4 52.8 8.5
Net income (loss) attributable to T. Rowe Price (19.9) 34.4 17.7 8.6
Net income (loss) attributable to redeemable non-controlling interests (0.6) 50.0 35.1 (0.1)
Variable interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (2.7) (3.7) (8.7) (10.5)
Net investment income (loss) reflected in non-operating income (loss) (17.8) 88.1 61.5 19.0
Income before income taxes $ (20.5) $ 84.4 $ 52.8 $ 8.5