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OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME - Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning balances $ 7,707.0    
Other comprehensive income (loss) (3.5) $ 20.0 $ (1.0)
Ending balances 9,022.7 7,707.0  
Currency translation adjustments      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning balances (23.0) (43.0) (42.0)
Other comprehensive income before reclassifications and income taxes (4.5) 25.0 (1.4)
Reclassification adjustments recognized in non-operating income (2.4) 6.8 (0.1)
Other comprehensive income (loss), before taxes (6.9) 31.8 (1.5)
Net deferred tax benefits (income taxes) 3.4 (11.8) 0.5
Other comprehensive income (loss) (3.5) 20.0 (1.0)
Ending balances (26.5) (23.0) (43.0)
Currency translation adjustments | Equity method investments      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning balances (43.6) (46.9) (48.8)
Other comprehensive income before reclassifications and income taxes 7.0 2.1 2.4
Reclassification adjustments recognized in non-operating income 0.0 7.5 0.0
Other comprehensive income (loss), before taxes 7.0 9.6 2.4
Net deferred tax benefits (income taxes) (0.1) (6.3) (0.5)
Other comprehensive income (loss) 6.9 3.3 1.9
Ending balances (36.7) (43.6) (46.9)
Currency translation adjustments | Consolidated T. Rowe Price investment products - variable interest entities      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning balances 20.6 3.9 6.8
Other comprehensive income before reclassifications and income taxes (11.5) 22.9 (3.8)
Reclassification adjustments recognized in non-operating income (2.4) (0.7) (0.1)
Other comprehensive income (loss), before taxes (13.9) 22.2 (3.9)
Net deferred tax benefits (income taxes) 3.5 (5.5) 1.0
Other comprehensive income (loss) (10.4) 16.7 (2.9)
Ending balances 10.2 20.6 3.9
Total net deferred tax benefits      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning balances (23.0) (43.0) (42.0)
Other comprehensive income before reclassifications and income taxes (4.5) 25.0 (1.4)
Reclassification adjustments recognized in non-operating income (2.4) 6.8 (0.1)
Other comprehensive income (loss), before taxes (6.9) 31.8 (1.5)
Net deferred tax benefits (income taxes) 3.4 (11.8) 0.5
Other comprehensive income (loss) [1] (3.5) 20.0 (1.0)
Ending balances $ (26.5) $ (23.0) $ (43.0)
[1] Accumulated other comprehensive income