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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 2,116.0 $ 1,523.1
Accounts receivable and accrued revenue 773.2 1,058.3
Investments 2,563.7 2,975.5
Assets of consolidated T. Rowe Price investment products ($1,226.0 million at June 30, 2022 and $1,761.5 million at December 31, 2021, related to variable interest entities) 1,307.2 1,962.8
Operating lease assets 158.1 201.2
Property, equipment and software, net 747.3 736.2
Intangible assets, net 859.1 913.4
Goodwill 2,652.4 2,693.2
Other assets 591.7 445.3
Total assets 11,768.7 12,509.0
LIABILITIES    
Accounts payable and accrued expenses 361.0 431.0
Liabilities of consolidated T. Rowe Price investment products ($34.4 million at June 30, 2022 and $36.2 million at December 31, 2021, related to variable interest entities) 43.1 51.5
Operating lease liabilities 204.7 249.2
Accrued compensation and related costs 494.7 256.8
Supplemental savings plan liability 732.1 882.6
Contingent consideration liability 161.2 306.3
Income taxes payable 34.3 77.9
Total liabilities 2,031.1 2,255.3
Commitments and contingent liabilities
Redeemable non-controlling interests 564.6 982.3
STOCKHOLDERS’ EQUITY    
Preferred stock, undesignated, $.20 par value – authorized and unissued 20,000,000 shares 0.0 0.0
Common stock, $.20 par value—authorized 750,000,000; issued 225,715,000 shares at June 30, 2022 and 229,175,000 at December 31, 2021 45.1 45.8
Additional capital in excess of par value 654.6 919.8
Retained earnings 8,311.9 8,083.6
Accumulated other comprehensive loss (47.4) (26.5)
Total stockholders’ equity attributable to T. Rowe Price Group, Inc. 8,964.2 9,022.7
Non-controlling interests in consolidated entities 208.8 248.7
Total stockholders’ equity 9,173.0 9,271.4
Total liabilities, redeemable non-controlling interests, and stockholders’ equity $ 11,768.7 $ 12,509.0