CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS - Statement of Cash Flows (Details) - USD ($) $ in Millions	9 Months Ended
Sep. 30, 2021	Sep. 30, 2020
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 3,090.7	$ 1,916.9
Net cash used in investing activities	57.6	(53.1)
Net cash provided by (used in) financing activities	(1,891.1)	(1,419.3)
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products	(3.6)	3.4
Net change in cash and cash equivalents during period	1,253.6	447.9
Cash and cash equivalents at beginning of period	2,256.5	1,858.3
Cash and cash equivalents at ending of period	3,510.1	2,306.2
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	91.6	78.0
Reportable entities \| Consolidated T. Rowe Price investment products
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	18.6	(346.7)
Net cash used in investing activities	(15.6)	(49.1)
Net cash provided by (used in) financing activities	(12.6)	393.9
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products	(3.6)	3.4
Net change in cash and cash equivalents during period	(13.2)	1.5
Cash and cash equivalents at beginning of period	104.8	76.5
Cash and cash equivalents at ending of period	91.6	78.0
Reportable entities \| Voting interest entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(109.1)	(105.7)
Net cash used in investing activities	(11.9)	(23.4)
Net cash provided by (used in) financing activities	120.1	124.4
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	(0.9)	(4.7)
Cash and cash equivalents at beginning of period	7.1	9.9
Cash and cash equivalents at ending of period	6.2	5.2
Reportable entities \| Variable interest entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	127.7	(241.0)
Net cash used in investing activities	(3.7)	(25.7)
Net cash provided by (used in) financing activities	(132.7)	269.5
Effect of exchange rate changes on cash and cash equivalents of consolidated T. Rowe Price investment products	(3.6)	3.4
Net change in cash and cash equivalents during period	(12.3)	6.2
Cash and cash equivalents at beginning of period	97.7	66.6
Cash and cash equivalents at ending of period	85.4	72.8
Consolidation eliminations \| Consolidated T. Rowe Price investment products
Condensed Cash Flow Statements, Captions [Line Items]
Subscriptions payment, net of dividends received	$ 35.3	$ (95.2)

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