CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Statement of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended
Mar. 31, 2024	Mar. 31, 2023
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 637.3	$ 511.7
Net cash provided by (used in) investing activities	(8.6)	(57.5)
Net cash provided by (used in) financing activities	(267.8)	(144.2)
Effect of exchange rate changes on cash and cash equivalents of consolidated sponsored investment products	(0.8)	1.5
Net change in cash and cash equivalents during period	360.1	311.5
Cash and cash equivalents at beginning of period, including $77.2 million at December 31, 2023, and $119.1 million at December 31, 2022, held by consolidated sponsored investment products	2,143.8	1,874.7
Cash and cash equivalents at end of period, including $87.4 million at March 31, 2024, and $92.1 million at March 31, 2023, held by consolidated sponsored investment products	2,503.9	2,186.2
Consolidated T. Rowe Price investment products
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of period, including $77.2 million at December 31, 2023, and $119.1 million at December 31, 2022, held by consolidated sponsored investment products	77.2	119.1
Cash and cash equivalents at end of period, including $87.4 million at March 31, 2024, and $92.1 million at March 31, 2023, held by consolidated sponsored investment products	87.4	92.1
Reportable entities \| Consolidated T. Rowe Price investment products
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(95.7)	(159.6)
Net cash provided by (used in) investing activities	(0.1)	(2.5)
Net cash provided by (used in) financing activities	106.8	133.6
Effect of exchange rate changes on cash and cash equivalents of consolidated sponsored investment products	(0.8)	1.5
Net change in cash and cash equivalents during period	10.2	(27.0)
Cash and cash equivalents at beginning of period, including $77.2 million at December 31, 2023, and $119.1 million at December 31, 2022, held by consolidated sponsored investment products	77.2	119.1
Cash and cash equivalents at end of period, including $87.4 million at March 31, 2024, and $92.1 million at March 31, 2023, held by consolidated sponsored investment products	87.4	92.1
Reportable entities \| Voting interest entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(61.8)	(12.4)
Net cash provided by (used in) investing activities	0.0	0.0
Net cash provided by (used in) financing activities	72.7	4.4
Effect of exchange rate changes on cash and cash equivalents of consolidated sponsored investment products	0.0	0.0
Net change in cash and cash equivalents during period	10.9	(8.0)
Cash and cash equivalents at beginning of period, including $77.2 million at December 31, 2023, and $119.1 million at December 31, 2022, held by consolidated sponsored investment products	25.7	16.2
Cash and cash equivalents at end of period, including $87.4 million at March 31, 2024, and $92.1 million at March 31, 2023, held by consolidated sponsored investment products	36.6	8.2
Reportable entities \| Variable interest entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(33.9)	(147.2)
Net cash provided by (used in) investing activities	(0.1)	(2.5)
Net cash provided by (used in) financing activities	34.1	129.2
Effect of exchange rate changes on cash and cash equivalents of consolidated sponsored investment products	(0.8)	1.5
Net change in cash and cash equivalents during period	(0.7)	(19.0)
Cash and cash equivalents at beginning of period, including $77.2 million at December 31, 2023, and $119.1 million at December 31, 2022, held by consolidated sponsored investment products	51.5	102.9
Cash and cash equivalents at end of period, including $87.4 million at March 31, 2024, and $92.1 million at March 31, 2023, held by consolidated sponsored investment products	$ 50.8	$ 83.9

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