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CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Operating Results (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income $ (1,168.6) $ (1,076.7) $ (2,332.2) $ (2,130.1)
Income before income taxes 645.0 639.7 1,420.5 1,259.3
Net income (loss) attributable to redeemable non-controlling interests 1.9 4.8 21.5 25.0
Consolidated T. Rowe Price investment products        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 5.9 20.6 75.9 62.4
Net income (loss) attributable to T. Rowe Price Group 4.0 15.8 54.4 37.4
Net income (loss) attributable to redeemable non-controlling interests 1.9 4.8 21.5 25.0
Consolidated T. Rowe Price investment products | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (2.6) (3.4) (4.9) (7.4)
Net investment income (loss) reflected in non-operating income (loss) 8.5 24.0 80.8 69.8
Income before income taxes 5.9 20.6 75.9 62.4
Voting interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes (4.4) 5.0 28.2 10.2
Net income (loss) attributable to T. Rowe Price Group (3.0) 4.4 22.8 8.1
Net income (loss) attributable to redeemable non-controlling interests (1.4) 0.6 5.4 2.1
Voting interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (0.7) (0.8) (1.5) (2.5)
Net investment income (loss) reflected in non-operating income (loss) (3.7) 5.8 29.7 12.7
Income before income taxes (4.4) 5.0 28.2 10.2
Variable interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 10.3 15.6 47.7 52.2
Net income (loss) attributable to T. Rowe Price Group 7.0 11.4 31.6 29.3
Net income (loss) attributable to redeemable non-controlling interests 3.3 4.2 16.1 22.9
Variable interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (1.9) (2.6) (3.4) (4.9)
Net investment income (loss) reflected in non-operating income (loss) 12.2 18.2 51.1 57.1
Income before income taxes $ 10.3 $ 15.6 $ 47.7 $ 52.2