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EARNINGS PER SHARE CALCULATIONS (Tables) | 3 Months Ended
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Mar. 31, 2022
Earnings Per Share [Abstract] |
Earnings Per Share Reconciliation | The following table presents the reconciliation of net income attributable to T. Rowe Price to net income allocated to our common stockholders and the weighted-average shares that are used in calculating the basic and diluted earnings per share on our common stock. Weighted-average common shares outstanding assuming dilution reflects the potential dilution, determined using the treasury stock method, that could occur if outstanding stock options were exercised and non-participating stock awards vested. No outstanding stock options had an anti-dilutive impact on the diluted earnings per common share calculation in the periods presented.
| Three months ended |  |
(in millions) | 3/31/2022 |  | 3/31/2021 |  |  |  |
Net income attributable to T. Rowe Price | $ | 567.9 |  |  | $ | 749.4 |  |  |  |  |
Less: net income allocated to outstanding restricted stock and stock unit holders | 13.0 |  |  | 19.9 |  |  |  |  |
Net income allocated to common stockholders | $ | 554.9 |  |  | $ | 729.5 |  |  |  |  |
Weighted-average common shares |  |  |  |  |  |  |
Outstanding | 228.2 |  |  | 227.7 |  |  |  |  |
Outstanding assuming dilution | 229.8 |  |  | 230.0 |  |  |  |  |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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