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CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Operating Results (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Condensed Income Statements, Captions [Line Items]    
Operating expenses reflected in net operating income $ (1,163.6) $ (1,053.4)
Income before income taxes 775.5 619.6
Net income (loss) attributable to redeemable non-controlling interests 19.6 20.2
Consolidated T. Rowe Price investment products    
Condensed Income Statements, Captions [Line Items]    
Income before income taxes 70.0 41.8
Net income (loss) attributable to T. Rowe Price Group 50.4 21.6
Net income (loss) attributable to redeemable non-controlling interests 19.6 20.2
Consolidated T. Rowe Price investment products | Reportable entities    
Condensed Income Statements, Captions [Line Items]    
Operating expenses reflected in net operating income (2.3) (4.0)
Net investment income (loss) reflected in non-operating income (loss) 72.3 45.8
Income before income taxes 70.0 41.8
Voting interest entities    
Condensed Income Statements, Captions [Line Items]    
Income before income taxes 32.6 5.2
Net income (loss) attributable to T. Rowe Price Group 25.8 3.7
Net income (loss) attributable to redeemable non-controlling interests 6.8 1.5
Voting interest entities | Reportable entities    
Condensed Income Statements, Captions [Line Items]    
Operating expenses reflected in net operating income (0.8) (1.7)
Net investment income (loss) reflected in non-operating income (loss) 33.4 6.9
Income before income taxes 32.6 5.2
Variable interest entities    
Condensed Income Statements, Captions [Line Items]    
Income before income taxes 37.4 36.6
Net income (loss) attributable to T. Rowe Price Group 24.6 17.9
Net income (loss) attributable to redeemable non-controlling interests 12.8 18.7
Variable interest entities | Reportable entities    
Condensed Income Statements, Captions [Line Items]    
Operating expenses reflected in net operating income (1.5) (2.3)
Net investment income (loss) reflected in non-operating income (loss) 38.9 38.9
Income before income taxes $ 37.4 $ 36.6