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EARNINGS PER SHARE CALCULATIONS (Tables)
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Reconciliation
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
(in millions)3/31/20233/31/2022
Net income attributable to T. Rowe Price$421.5 $567.9 
Less: net income allocated to outstanding restricted stock and stock unit holders10.5 13.0 
Net income allocated to common stockholders$411.0 $554.9 
Weighted-average common shares
Outstanding224.4 228.2 
Outstanding assuming dilution225.2 229.8