EARNINGS PER SHARE CALCULATIONS (Tables)

9 Months Ended

Sep. 30, 2022

The following table presents the reconciliation of net income attributable to T. Rowe Price to net income allocated to our common stockholders and the weighted-average shares that are used in calculating the basic and diluted earnings per share on our common stock. Weighted-average common shares outstanding assuming dilution reflects the potential dilution, determined using the treasury stock method, that could occur if outstanding stock options were exercised and non-participating stock awards vested. No outstanding stock options had an anti-dilutive impact on the diluted earnings per common share calculation in the periods presented.


	Three months ended				Nine months ended
(in millions)	9/30/2022		9/30/2021		9/30/2022		9/30/2021
Net income attributable to T. Rowe Price	$	384.4	$	777.2	$	1,291.9	$	2,342.3
Less: net income allocated to outstanding restricted stock and stock unit holders	9.2		19.5		29.6		61.6
Net income allocated to common stockholders	$	375.2	$	757.7	$	1,262.3	$	2,280.7

Weighted-average common shares
Outstanding	225.3		226.9		226.7		227.2
Outstanding assuming dilution	226.3		229.1		228.0		229.4