EARNINGS PER SHARE CALCULATIONS (Tables)

6 Months Ended

Jun. 30, 2023

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				Six months ended
(in millions)	6/30/2023		6/30/2022		6/30/2023		6/30/2022
Net income attributable to T. Rowe Price	$	476.4	$	339.6	$	897.9	$	907.5
Less: net income allocated to outstanding restricted stock and stock unit holders	11.6		7.4		22.1		20.4
Net income allocated to common stockholders	$	464.8	$	332.2	$	875.8	$	887.1

Weighted-average common shares
Outstanding	224.4		226.7		224.4		227.5
Outstanding assuming dilution	225.2		227.9		225.2		228.8