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CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Statement of Cash Flows (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash provided by operating activities $ 1,219.1 $ 2,359.4 $ 3,452.0
Net cash provided by (used in) investing activities 128.2 (41.5) (1,098.1)
Net cash used in financing activities (1,078.6) (2,076.9) (2,988.8)
FX impact on cash 0.4 9.5 2.6
Net change in cash and cash equivalents during period 269.1 250.5 (632.3)
Cash and cash equivalents at beginning of year 1,874.7 1,624.2 2,256.5
Cash and cash equivalents at end of year 2,143.8 1,874.7 1,624.2
Consolidated T. Rowe Price investment products      
Condensed Cash Flow Statements, Captions [Line Items]      
Cash and cash equivalents at beginning of year 119.1 101.1 104.8
Cash and cash equivalents at end of year 77.2 119.1 101.1
Consolidated T. Rowe Price investment products | Reportable entities      
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash provided by operating activities (888.9) (77.2) 25.5
Net cash provided by (used in) investing activities (56.8) (8.7) (16.9)
Net cash used in financing activities 903.4 94.4 (14.9)
FX impact on cash 0.4 9.5 2.6
Net change in cash and cash equivalents during period (41.9) 18.0 (3.7)
Cash and cash equivalents at beginning of year 119.1 101.1  
Cash and cash equivalents at end of year 77.2 119.1 101.1
VOE | Reportable entities      
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash provided by operating activities (517.5) (84.1) (135.3)
Net cash provided by (used in) investing activities (32.7) 0.1 (11.9)
Net cash used in financing activities 559.7 92.9 147.4
FX impact on cash 0.0 0.0 0.0
Net change in cash and cash equivalents during period 9.5 8.9 0.2
Cash and cash equivalents at beginning of year 16.2 7.3 7.1
Cash and cash equivalents at end of year 25.7 16.2 7.3
VIE | Reportable entities      
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash provided by operating activities (371.4) 6.9 160.8
Net cash provided by (used in) investing activities (24.1) (8.8) (5.0)
Net cash used in financing activities 343.7 1.5 (162.3)
FX impact on cash 0.4 9.5 2.6
Net change in cash and cash equivalents during period (51.4) 9.1 (3.9)
Cash and cash equivalents at beginning of year 102.9 93.8 97.7
Cash and cash equivalents at end of year $ 51.5 $ 102.9 $ 93.8