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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions | Sep. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Assets of consolidated T. Rowe Price investment products | $ 1,284.3 | $ 1,962.8
Liabilities of consolidated T. Rowe Price investment products | $ 47.5 | $ 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) | 223,920,000 | 229,175,000
Variable interest entities |  |
Assets of consolidated T. Rowe Price investment products | $ 1,234.8 | $ 1,761.5
Liabilities of consolidated T. Rowe Price investment products | $ 41.6 | $ 36.2

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