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ACQUISITION (Tables) | 12 Months Ended
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Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Assets Acquired and Liabilities Assumed | The following table sets forth the preliminary and revised fair values of the assets acquired and liabilities assumed in connection with the acquisition:
(in millions) |  | Acquisition date fair value |  | Adjustments |  | Revised fair value
Cash and cash equivalents |  | $ | 22.1 |  |  | $ | — |  |  | $ | 22.1 |
Accounts receivable and accrued revenue |  | 122.2 |  |  | — |  |  | 122.2 |
Investments |  | 891.0 |  |  | — |  |  | 891.0 |
Property, equipment and software, net |  | 22.4 |  |  | — |  |  | 22.4 |
Operating lease asset |  | 101.5 |  |  | — |  |  | 101.5 |
Intangible assets |  | 913.4 |  |  | — |  |  | 913.4 |
Goodwill |  | 2,027.5 |  |  | (50.4) |  |  | 1,977.1 |
Other assets |  | 27.2 |  |  | — |  |  | 27.2 |
Total assets |  | 4,127.3 |  |  | (50.4) |  |  | 4,076.9 |
Accounts payable and accrued expenses |  | $ | 133.3 |  |  | $ | — |  |  | $ | 133.3 |
Operating lease liability |  | 114.1 |  |  | — |  |  | 114.1 |
Deferred tax liabilities, included in other assets in the consolidated balance sheet |  | 125.7 |  |  | (9.6) |  |  | 116.1 |
Contingent consideration liability |  | 306.3 |  |  | (49.3) |  |  | 257.0 |
Total liabilities |  | 679.4 |  |  | (58.9) |  |  | 620.5 |
Total identifiable net assets |  | $ | 3,447.9 |  |  | $ | 8.5 |  |  | $ | 3,456.4 |
Schedule of Pro Forma Information | The following unaudited pro forma summary presents combined results of operations of T. Rowe Price Group, Inc. as if the OHA acquisition had occurred on January 1, 2020.
| Pro forma years ended (unaudited)
(in millions) | 12/31/2021 | 12/31/2020
Revenue | $ | 8,162 |  | $ | 6,479 |
Net income | $ | 3,016 |  | $ | 2,241 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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