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EARNINGS PER SHARE CALCULATIONS (Tables)
6 Months Ended
Jun. 30, 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 endedSix months ended
(in millions)6/30/20226/30/20216/30/20226/30/2021
Net income attributable to T. Rowe Price$339.6 $815.7 $907.5 $1,565.1 
Less: net income allocated to outstanding restricted stock and stock unit holders7.4 22.2 20.4 42.1 
Net income allocated to common stockholders$332.2 $793.5 $887.1 $1,523.0 
Weighted-average common shares
Outstanding226.7 226.9 227.5 227.3 
Outstanding assuming dilution227.9 229.2 228.8 229.6