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OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
3 Months Ended
Mar. 31, 2024
Stockholders' Equity Note [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Loss
The changes in currency translation adjustments included in accumulated other comprehensive loss for the three months ended March 31, 2024 and 2023 are presented in the table below.
Three months ended 3/31/2024
Three months ended 3/31/2023
(in millions)Equity method investmentsConsolidated T. Rowe Price investment products - variable interest entities
Total currency translation adjustments
Equity method investmentsConsolidated T. Rowe Price investment products - variable interest entitiesTotal currency translation adjustments
Balances at beginning of period$(51.9)$4.4 $(47.5)$(50.5)$(2.5)$(53.0)
Other comprehensive income (loss) before reclassifications and income taxes
1.1 (4.0)(2.9)(1.1)3.0 1.9 
Net deferred tax benefits (income taxes)
(0.1)0.9 0.8 0.2 (0.8)(0.6)
Other comprehensive income (loss)
1.0 (3.1)(2.1)(0.9)2.2 1.3 
Balances at end of period$(50.9)$1.3 $(49.6)$(51.4)$(0.3)$(51.7)