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CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS AND OTHER ENTITIES - Operating Results (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income $ (844.4) $ (971.2) $ (1,830.0) $ (1,904.8)
Income before income taxes 388.7 1,102.0 1,067.6 2,097.3
Net income (loss) attributable to redeemable non-controlling interests (51.8) 27.0 (105.3) 42.4
Consolidated T. Rowe Price investment products        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes (106.5) 52.7 (210.4) 86.4
Net income (loss) attributable to T. Rowe Price (54.7) 25.7 (105.1) 44.0
Net income (loss) attributable to redeemable non-controlling interests (51.8) 27.0 (105.3) 42.4
Consolidated T. Rowe Price investment products | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (1.9) (2.8) (4.4) (6.3)
Net investment income (loss) reflected in non-operating income (loss) (104.6) 55.5 (206.0) 92.7
Income before income taxes (106.5) 52.7 (210.4) 86.4
Voting interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes (8.2) 7.2 (15.0) 13.1
Net income (loss) attributable to T. Rowe Price (5.6) 4.3 (10.3) 8.3
Net income (loss) attributable to redeemable non-controlling interests (2.6) 2.9 (4.7) 4.8
Voting interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (0.1) (0.1) (0.3) (0.3)
Net investment income (loss) reflected in non-operating income (loss) (8.1) 7.3 (14.7) 13.4
Income before income taxes (8.2) 7.2 (15.0) 13.1
Variable interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes (98.3) 45.5 (195.4) 73.3
Net income (loss) attributable to T. Rowe Price (49.1) 21.4 (94.8) 35.7
Net income (loss) attributable to redeemable non-controlling interests (49.2) 24.1 (100.6) 37.6
Variable interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (1.8) (2.7) (4.1) (6.0)
Net investment income (loss) reflected in non-operating income (loss) (96.5) 48.2 (191.3) 79.3
Income before income taxes $ (98.3) $ 45.5 $ (195.4) $ 73.3