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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net income $ 1,835.7 $ 1,449.6 $ 3,098.5
Currency translation adjustments:      
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]   Reclassification gains recognized in non-operating investment income upon deconsolidation of certain sponsored investment products  
Other comprehensive income (loss) before income taxes 20.1 $ (52.5) (33.1)
Net deferred tax benefits (income taxes) (1.9) 5.0 3.4
Total other comprehensive income (loss) 18.2 (47.5) (29.7)
Total comprehensive income 1,853.9 1,402.1 3,068.8
Less: comprehensive income (loss) attributable to redeemable non-controlling interests 59.7 (129.1) (10.6)
Comprehensive income attributable to T. Rowe Price Group 1,794.2 1,531.2 3,079.4
Consolidated sponsored investment products - variable interest entities      
Currency translation adjustments:      
Consolidated sponsored investment products—variable interest entities 21.7 (34.9) (37.7)
Reclassification gains recognized in non-operating investment income upon deconsolidation of certain sponsored investment products 0.0 (3.0) (2.4)
Total currency translation adjustments 21.7 (37.9) (40.1)
Equity method investments      
Currency translation adjustments:      
Consolidated sponsored investment products—variable interest entities (1.6) (14.6) 7.0
Reclassification gains recognized in non-operating investment income upon deconsolidation of certain sponsored investment products 0.0 0.0 0.0
Total currency translation adjustments $ (1.6) $ (14.6) $ 7.0