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EARNINGS PER SHARE CALCULATIONS (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Earnings Per Share [Abstract]    
Stock options with anti-diluted impact (in shares) 0 0
Net income attributable to T. Rowe Price $ 421.5 $ 567.9
Less: net income allocated to outstanding restricted stock and stock unit holders (basic) 10.5 13.0
Less: net income allocated to outstanding restricted stock and stock unit holders (diluted) 10.5 13.0
Net income allocated to common stockholders (basic) 411.0 554.9
Net income allocated to common stockholders (diluted) $ 411.0 $ 554.9
Weighted-average common shares    
Outstanding (in shares) 224,400,000 228,200,000
Outstanding assuming dilution (in shares) 225,200,000 229,800,000