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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 2,366.3 $ 1,523.1
Accounts receivable and accrued revenue 741.4 1,058.3
Investments 2,480.2 2,975.5
Assets of consolidated T. Rowe Price investment products ($1,234.8 million at September 30, 2022 and $1,761.5 million at December 31, 2021, related to variable interest entities) 1,284.3 1,962.8
Operating lease assets 282.8 201.2
Property, equipment and software, net 752.8 736.2
Intangible assets, net 832.0 913.4
Goodwill 2,652.4 2,693.2
Other assets 601.0 445.3
Total assets 11,993.2 12,509.0
LIABILITIES    
Accounts payable and accrued expenses 382.8 431.0
Liabilities of consolidated T. Rowe Price investment products ($41.6 million at September 30, 2022 and $36.2 million at December 31, 2021, related to variable interest entities) 47.5 51.5
Operating lease liabilities 320.0 249.2
Accrued compensation and related costs 701.1 256.8
Supplemental savings plan liability 676.9 882.6
Contingent consideration liability 131.3 306.3
Income taxes payable 38.3 77.9
Total liabilities 2,297.9 2,255.3
Commitments and contingent liabilities
Redeemable non-controlling interests 580.8 982.3
STOCKHOLDERS’ EQUITY    
Preferred stock, undesignated, $.20 par value – authorized and unissued 20,000,000 shares 0.0 0.0
Common stock, $.20 par value—authorized 750,000,000; issued 223,920,000 shares at September 30, 2022 and 229,175,000 at December 31, 2021 44.8 45.8
Additional capital in excess of par value 499.3 919.8
Retained earnings 8,419.9 8,083.6
Accumulated other comprehensive loss (56.5) (26.5)
Total stockholders’ equity attributable to T. Rowe Price Group, Inc. 8,907.5 9,022.7
Non-controlling interests in consolidated entities 207.0 248.7
Total stockholders’ equity 9,114.5 9,271.4
Total liabilities, redeemable non-controlling interests, and stockholders’ equity $ 11,993.2 $ 12,509.0