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OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS - Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Balances at beginning of period $ 9,465.9 $ 9,173.0 $ 9,030.2 $ 9,271.4
Other comprehensive income (loss) 1.6 (9.1) 6.8 (30.0)
Balances at end of period 9,621.4 9,114.5 9,621.4 9,114.5
Currency translation adjustments        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Balances at beginning of period (47.8) (47.4) (53.0) (26.5)
Other comprehensive income (loss) before reclassifications and income taxes 1.5 (12.0) 8.4 (31.2)
Reclassification adjustments recognized in non-operating income (0.7) 0.0 (0.7) (6.9)
Other comprehensive income (loss), before taxes 0.8 (12.0) 7.7 (38.1)
Net deferred tax benefits (income taxes) 0.8 2.9 (0.9) 8.1
Other comprehensive income (loss) 1.6 (9.1) 6.8 (30.0)
Balances at end of period (46.2) (56.5) (46.2) (56.5)
Currency translation adjustments | Equity method investments        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Balances at beginning of period (50.5) (39.9) (50.5) (36.7)
Other comprehensive income (loss) before reclassifications and income taxes 8.4 0.7 8.4 (1.9)
Reclassification adjustments recognized in non-operating income 0.0 0.0 0.0 0.0
Other comprehensive income (loss), before taxes 8.4 0.7 8.4 (1.9)
Net deferred tax benefits (income taxes) (1.0) (0.1) (1.0) (0.7)
Other comprehensive income (loss) 7.4 0.6 7.4 (2.6)
Balances at end of period (43.1) (39.3) (43.1) (39.3)
Currency translation adjustments | Consolidated T. Rowe Price investment products - variable interest entities        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Balances at beginning of period 2.7 (7.5) (2.5) 10.2
Other comprehensive income (loss) before reclassifications and income taxes (6.9) (12.7) 0.0 (29.3)
Reclassification adjustments recognized in non-operating income (0.7) 0.0 (0.7) (6.9)
Other comprehensive income (loss), before taxes (7.6) (12.7) (0.7) (36.2)
Net deferred tax benefits (income taxes) 1.8 3.0 0.1 8.8
Other comprehensive income (loss) (5.8) (9.7) (0.6) (27.4)
Balances at end of period $ (3.1) $ (17.2) $ (3.1) $ (17.2)