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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets of consolidated T. Rowe Price investment products $ 1,946.1 $ 1,603.4
Liabilities of consolidated T. Rowe Price investment products $ 71.7 $ 89.1
Stockholders' equity    
Preferred stock, par value (in dollars per share) $ 0.20 $ 0.20
Preferred stock, shares authorized (in shares) 20,000,000 20,000,000
Common stock, par value (in dollars per share) $ 0.20 $ 0.20
Common stock, shares authorized (in shares) 750,000,000 750,000,000
Common stock, shares issued (in shares) 224,281,000 224,310,000
Variable interest entities    
Assets of consolidated T. Rowe Price investment products $ 1,707.3 $ 1,375.6
Liabilities of consolidated T. Rowe Price investment products $ 47.2 $ 39.1