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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 1,755.6 $ 1,523.1
Accounts receivable and accrued revenue 748.7 1,058.3
Investments 2,539.2 2,975.5
Assets of consolidated sponsored investment products ($1,375.6 million at December 31, 2022 and $1,761.5 million at December 31, 2021, related to variable interest entities) 1,603.4 1,962.8
Operating lease assets 279.4 201.2
Property, equipment and software, net 755.7 736.2
Intangible assets 629.8 913.4
Goodwill 2,642.8 2,693.2
Other assets 688.7 445.3
Total assets 11,643.3 12,509.0
LIABILITIES    
Accounts payable and accrued expenses 406.7 431.0
Liabilities of consolidated sponsored investment products ($39.1 million at December 31, 2022 and $36.2 million at December 31, 2021, related to variable interest entities) 89.1 51.5
Operating lease liabilities 329.6 249.2
Accrued compensation and related costs 228.0 256.8
Supplemental savings plan liability 761.2 882.6
Contingent consideration liability 95.8 306.3
Income taxes payable 46.0 77.9
Total liabilities 1,956.4 2,255.3
Commitments and contingent liabilities
Redeemable non-controlling interests 656.7 982.3
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 224,310,000 shares at December 31, 2022 and 229,175,000 at December 31, 2021 44.9 45.8
Additional capital in excess of par value 437.9 919.8
Retained earnings 8,409.7 8,083.6
Accumulated other comprehensive loss (53.0) (26.5)
Total stockholders' equity attributable to T. Rowe Price Group, Inc. 8,839.5 9,022.7
Non-controlling interests in consolidated entities 190.7 248.7
Total permanent stockholders' equity 9,030.2 9,271.4
Total liabilities, redeemable non-controlling interests and permanent stockholders’ equity $ 11,643.3 $ 12,509.0