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EARNINGS PER SHARE CALCULATIONS (Tables) | 9 Months Ended
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Sep. 30, 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 |  | Nine months ended
(in millions) | 9/30/2023 |  | 9/30/2022 |  | 9/30/2023 |  | 9/30/2022
Net income attributable to T. Rowe Price | $ | 453.2 |  |  | $ | 384.4 |  |  | $ | 1,351.1 |  |  | $ | 1,291.9 |
Less: net income allocated to outstanding restricted stock and stock unit holders | 10.6 |  |  | 9.2 |  |  | 32.7 |  |  | 29.6 |
Net income allocated to common stockholders | $ | 442.6 |  |  | $ | 375.2 |  |  | $ | 1,318.4 |  |  | $ | 1,262.3 |
Weighted-average common shares |  |  |  |  |  |  |
Outstanding | 224.1 |  |  | 225.3 |  |  | 224.3 |  |  | 226.7 |
Outstanding assuming dilution | 224.8 |  |  | 226.3 |  |  | 225.1 |  |  | 228.0 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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