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CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Operating Results (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income $ (1,089.4) $ (1,013.6) $ (3,219.5) $ (2,843.6)
Income before income taxes 584.1 491.8 1,843.4 1,559.4
Net income (loss) attributable to redeemable non-controlling interests (14.0) (26.6) 11.0 (131.9)
Consolidated T. Rowe Price investment products        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes (25.8) (43.6) 36.6 (254.0)
Net income (loss) attributable to T. Rowe Price Group (11.8) (17.0) 25.6 (122.1)
Net income (loss) attributable to redeemable non-controlling interests (14.0) (26.6) 11.0 (131.9)
Consolidated T. Rowe Price investment products | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (1.4) (1.8) (8.8) (6.2)
Net investment income (loss) reflected in non-operating income (loss) (24.4) (41.8) 45.4 (247.8)
Income before income taxes (25.8) (43.6) 36.6 (254.0)
Voting interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes (12.1) (1.8) (1.9) (16.8)
Net income (loss) attributable to T. Rowe Price Group (8.6) (1.1) (0.5) (11.4)
Net income (loss) attributable to redeemable non-controlling interests (3.5) (0.7) (1.4) (5.4)
Voting interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (0.5) 0.0 (3.0) (0.3)
Net investment income (loss) reflected in non-operating income (loss) (11.6) (1.8) 1.1 (16.5)
Income before income taxes (12.1) (1.8) (1.9) (16.8)
Variable interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes (13.7) (41.8) 38.5 (237.2)
Net income (loss) attributable to T. Rowe Price Group (3.2) (15.9) 26.1 (110.7)
Net income (loss) attributable to redeemable non-controlling interests (10.5) (25.9) 12.4 (126.5)
Variable interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (0.9) (1.8) (5.8) (5.9)
Net investment income (loss) reflected in non-operating income (loss) (12.8) (40.0) 44.3 (231.3)
Income before income taxes $ (13.7) $ (41.8) $ 38.5 $ (237.2)