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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets of consolidated T. Rowe Price investment products $ 1,307.2 $ 1,962.8
Liabilities of consolidated T. Rowe Price investment products $ 43.1 $ 51.5
Stockholders' equity    
Preferred stock, par value (in dollars per share) $ 0.20 $ 0.20
Preferred stock, shares authorized (in shares) 20,000,000 20,000,000
Common stock, par value (in dollars per share) $ 0.20 $ 0.20
Common stock, shares authorized (in shares) 750,000,000 750,000,000
Common stock, shares issued (in shares) 225,715,000 229,175,000
Variable interest entities    
Assets of consolidated T. Rowe Price investment products $ 1,226.0 $ 1,761.5
Liabilities of consolidated T. Rowe Price investment products $ 34.4 $ 36.2