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CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS AND OTHER ENTITIES - Operating Results (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Condensed Income Statements, Captions [Line Items]    
Operating expenses reflected in net operating income $ (985.6) $ (933.6)
Income before income taxes 678.9 995.3
Net income (loss) attributable to redeemable non-controlling interests (53.5) 15.4
Consolidated T. Rowe Price investment products    
Condensed Income Statements, Captions [Line Items]    
Income before income taxes (103.9) 33.7
Net income (loss) attributable to T. Rowe Price (53.5) 18.3
Net income (loss) attributable to redeemable non-controlling interests (50.4) 15.4
Consolidated T. Rowe Price investment products | Reportable entities    
Condensed Income Statements, Captions [Line Items]    
Operating expenses reflected in net operating income (2.5) (3.5)
Net investment income (loss) reflected in non-operating income (loss) (101.4) 37.2
Income before income taxes (103.9) 33.7
Voting interest entities    
Condensed Income Statements, Captions [Line Items]    
Income before income taxes (6.8) 5.9
Net income (loss) attributable to T. Rowe Price (2.1) 4.0
Net income (loss) attributable to redeemable non-controlling interests (4.7) 1.9
Voting interest entities | Reportable entities    
Condensed Income Statements, Captions [Line Items]    
Operating expenses reflected in net operating income (0.2) (0.2)
Net investment income (loss) reflected in non-operating income (loss) (6.6) 6.1
Income before income taxes (6.8) 5.9
Variable interest entities    
Condensed Income Statements, Captions [Line Items]    
Income before income taxes (97.1) 27.8
Net income (loss) attributable to T. Rowe Price (51.4) 14.3
Net income (loss) attributable to redeemable non-controlling interests (45.7) 13.5
Variable interest entities | Reportable entities    
Condensed Income Statements, Captions [Line Items]    
Operating expenses reflected in net operating income (2.3) (3.3)
Net investment income (loss) reflected in non-operating income (loss) (94.8) 31.1
Income before income taxes $ (97.1) $ 27.8