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EARNINGS PER SHARE CALCULATIONS (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Reconciliation
The following table presents the reconciliation of net income attributable to T. Rowe Price to net income allocated to our common stockholders and the weighted-average shares that are used in calculating the basic and diluted earnings per share on our common stock. Weighted-average common shares outstanding assuming dilution reflects the potential dilution, determined using the treasury stock method, that could occur if outstanding stock options were exercised and non-participating stock awards vested. No outstanding stock options had an anti-dilutive impact on the diluted earnings per common share calculation in the periods presented.
 Three months endedSix months ended
(in millions)6/30/20246/30/20236/30/20246/30/2023
Net income attributable to T. Rowe Price$483.4 $476.4 $1,057.2 $897.9 
Less: net income allocated to outstanding restricted stock and stock unit holders12.9 11.6 28.7 22.1 
Net income allocated to common stockholders$470.5 $464.8 $1,028.5 $875.8 
Weighted-average common shares
Outstanding223.0 224.4 223.3 224.4 
Outstanding assuming dilution223.5 225.2 223.8 225.2