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EARNINGS PER SHARE CALCULATIONS (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Reconciliation
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)202320222021
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 holders44.4 36.1 80.5 
Net income allocated to common stockholders$1,744.3 $1,521.8 $3,002.4 
Weighted-average common shares
Outstanding224.1 226.0 226.6 
Outstanding assuming dilution224.8 227.1 228.8