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EARNINGS PER SHARE CALCULATIONS | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
EARNINGS PER SHARE CALCULATIONS | EARNINGS PER SHARE CALCULATIONS. The following table presents the reconciliation of net income attributable to T. Rowe Price Group 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 reflect the potential dilution, determined using the treasury stock method, that could occur if outstanding stock options were exercised and non-participating stock awards vested.
(in millions) | 2023 |  | 2022 |  | 2021
Net income attributable to T. Rowe Price Group | $ | 1,788.7 |  |  | $ | 1,557.9 |  |  | $ | 3,082.9 |
Less: net income allocated to outstanding restricted stock and stock unit holders | 44.4 |  |  | 36.1 |  |  | 80.5 |
Net income allocated to common stockholders | $ | 1,744.3 |  |  | $ | 1,521.8 |  |  | $ | 3,002.4 |
Weighted-average common shares |  |  |  |  |
Outstanding | 224.1 |  |  | 226.0 |  |  | 226.6 |
Outstanding assuming dilution | 224.8 |  |  | 227.1 |  |  | 228.8 |
For the past three years, no stock options have been excluded from the calculation of diluted earnings per common share as none of the options' inclusion would be anti-dilutive.

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