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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Restricted stock units
Total stockholders’ equity attributable to T. Rowe Price Group, Inc.
Total stockholders’ equity attributable to T. Rowe Price Group, Inc.
Restricted stock units
Common stock
Common stock
Restricted shares
Common stock
Restricted stock units
Additional capital in excess of par value
Additional capital in excess of par value
Restricted stock units
Retained earnings
AOCI
 [1]
Non-controlling interests in consolidated entities
Beginning balance (in shares) at Dec. 31, 2020         227,965,000              
Balances at beginning of period at Dec. 31, 2020 $ 7,707.0       $ 45.6     $ 654.6   $ 7,029.8 $ (23.0)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 1,565.1                 1,565.1    
Other comprehensive income (loss), net of tax (5.7)                   (5.7)  
Dividends declared (504.1)                 (504.1)    
Special dividends declared (699.5)                 (699.5)    
Shares issued upon option exercises (in shares)         762,000              
Shares issued upon option exercises 29.8       $ 0.2     29.6        
Restricted shares issued, net of shares withheld for taxes (in shares)           4,000            
Net shares issued upon vesting of restricted stock units (in shares)             49,000          
Net shares issued upon vesting of restricted stock units   $ (4.3)             $ (4.3)      
Stock-based compensation expense   113.9             113.9      
Restricted stock units issued as dividend equivalents (0.3)             0.2   (0.5)    
Common shares repurchased (in shares)         (1,855,000)              
Common shares repurchased (308.9)       $ (0.4)     (120.3)   (188.2)    
Ending balance (in shares) at Jun. 30, 2021         226,925,000              
Balances at end of period at Jun. 30, 2021 7,893.0       $ 45.4     673.7   7,202.6 (28.7)  
Beginning balances attributable to redeemable non-controlling interests at Dec. 31, 2020 1,561.7                      
Increase (Decrease) in Temporary Equity [Roll Forward]                        
Net income (loss) attributable to redeemable non-controlling interests 42.4                      
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (8.0)                      
Net subscriptions (redemption) into T. Rowe Price investment products 298.9                      
Net deconsolidations of T. Rowe Price investment products (1,014.6)                      
Ending balances attributable to redeemable non-controlling interests at Jun. 30, 2021 880.4                      
Beginning balance (in shares) at Mar. 31, 2021         226,948,000              
Balances at beginning of period at Mar. 31, 2021 8,008.2       $ 45.4     654.6   7,338.7 (30.5)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 815.7                 815.7    
Other comprehensive income (loss), net of tax 1.8                   1.8  
Dividends declared (251.8)                 (251.8)    
Special dividends declared (699.5)                 (699.5)    
Shares issued upon option exercises (in shares)         190,000              
Shares issued upon option exercises 4.3             4.3        
Restricted shares issued, net of shares withheld for taxes (in shares)           4,000            
Net shares issued upon vesting of restricted stock units (in shares)             8,000          
Net shares issued upon vesting of restricted stock units   (0.6)             (0.6)      
Stock-based compensation expense 56.6             56.6        
Restricted stock units issued as dividend equivalents (0.4)             0.1   (0.5)    
Common shares repurchased (in shares)         (225,000)              
Common shares repurchased (41.3)             (41.3)        
Ending balance (in shares) at Jun. 30, 2021         226,925,000              
Balances at end of period at Jun. 30, 2021 7,893.0       $ 45.4     673.7   7,202.6 (28.7)  
Beginning balances attributable to redeemable non-controlling interests at Mar. 31, 2021 1,012.9                      
Increase (Decrease) in Temporary Equity [Roll Forward]                        
Net income (loss) attributable to redeemable non-controlling interests 27.0                      
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests 3.8                      
Net subscriptions (redemption) into T. Rowe Price investment products 111.4                      
Net deconsolidations of T. Rowe Price investment products (274.7)                      
Ending balances attributable to redeemable non-controlling interests at Jun. 30, 2021 880.4                      
Beginning balance (in shares) at Dec. 31, 2021         229,175,000              
Balances at beginning of period at Dec. 31, 2021 9,271.4   $ 9,022.7   $ 45.8     919.8   8,083.6 (26.5) $ 248.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 907.5   907.5             907.5   (33.4)
Net income (loss) 874.1                      
Other comprehensive income (loss), net of tax (20.9)   (20.9)               (20.9)  
Dividends declared $ (556.4)   (556.4)             (556.4)    
Shares issued upon option exercises (in shares) 288,737       237,000              
Shares issued upon option exercises $ 11.5   11.5   $ 0.1     11.4        
Net shares issued upon vesting of restricted stock units (in shares)             61,000          
Net shares issued upon vesting of restricted stock units   (3.5)   $ (3.5)         (3.5)      
Stock-based compensation expense 122.9   122.9         122.9        
Restricted stock units issued as dividend equivalents (in shares)         9,000              
Restricted stock units issued as dividend equivalents 0.0   0.0         0.2   (0.2)    
Common shares repurchased (in shares)         (3,767,000)              
Common shares repurchased (519.6)   (519.6)   $ (0.8)     (396.2)   (122.6)    
Net distributions to non-controlling interests in consolidated entities (6.5)                     (6.5)
Ending balance (in shares) at Jun. 30, 2022         225,715,000              
Balances at end of period at Jun. 30, 2022 9,173.0   8,964.2   $ 45.1     654.6   8,311.9 (47.4) 208.8
Beginning balances attributable to redeemable non-controlling interests at Dec. 31, 2021 982.3                      
Increase (Decrease) in Temporary Equity [Roll Forward]                        
Net income (loss) attributable to redeemable non-controlling interests (105.3)                      
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (25.5)                      
Net subscriptions (redemption) into T. Rowe Price investment products (68.8)                      
Net deconsolidations of T. Rowe Price investment products (218.1)                      
Ending balances attributable to redeemable non-controlling interests at Jun. 30, 2022 564.6                      
Beginning balance (in shares) at Mar. 31, 2022         227,283,000              
Balances at beginning of period at Mar. 31, 2022 9,326.6   9,054.4   $ 45.5     668.2   8,372.2 (31.5) 272.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 339.6   339.6             339.6   (50.9)
Net income (loss) 288.7                      
Other comprehensive income (loss), net of tax (15.9)   (15.9)               (15.9)  
Dividends declared (277.2)   (277.2)             (277.2)    
Shares issued upon option exercises (in shares)         63,000              
Shares issued upon option exercises 3.6   3.6         3.6        
Net shares issued upon vesting of restricted stock units (in shares)             20,000          
Net shares issued upon vesting of restricted stock units   $ (0.2)   $ (0.2)         $ (0.2)      
Stock-based compensation expense 59.3   59.3         59.3        
Restricted stock units issued as dividend equivalents (in shares)         9,000              
Restricted stock units issued as dividend equivalents 0.0   0.0         0.1   (0.1)    
Common shares repurchased (in shares)         (1,660,000)              
Common shares repurchased (199.4)   (199.4)   $ (0.4)     (76.4)   (122.6)    
Net distributions to non-controlling interests in consolidated entities (12.5)                     (12.5)
Ending balance (in shares) at Jun. 30, 2022         225,715,000              
Balances at end of period at Jun. 30, 2022 9,173.0   $ 8,964.2   $ 45.1     $ 654.6   $ 8,311.9 $ (47.4) $ 208.8
Beginning balances attributable to redeemable non-controlling interests at Mar. 31, 2022 790.4                      
Increase (Decrease) in Temporary Equity [Roll Forward]                        
Net income (loss) attributable to redeemable non-controlling interests (51.8)                      
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (15.6)                      
Net subscriptions (redemption) into T. Rowe Price investment products (3.2)                      
Net deconsolidations of T. Rowe Price investment products (155.2)                      
Ending balances attributable to redeemable non-controlling interests at Jun. 30, 2022 $ 564.6                      
[1] Accumulated other comprehensive income