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CONSOLIDATED SPONSORED INVESTMENT PRODUCTS - Operating Results (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income $ (1,172.0) $ (1,089.4) $ (3,504.2) $ (3,219.5)
Income before income taxes 826.1 584.1 2,246.6 1,843.4
Net income (loss) attributable to redeemable non-controlling interests 37.4 (14.0) 58.9 11.0
Consolidated T. Rowe Price investment products        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 83.5 (25.8) 159.4 36.6
Net income (loss) attributable to T. Rowe Price Group, Inc. 46.1 (11.8) 100.5 25.6
Net income (loss) attributable to redeemable non-controlling interests 37.4 (14.0) 58.9 11.0
Consolidated T. Rowe Price investment products | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (2.4) (1.4) (7.3) (8.8)
Net investment income (loss) reflected in non-operating income (loss) 85.9 (24.4) 166.7 45.4
Income before income taxes 83.5 (25.8) 159.4 36.6
Voting interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 26.8 (12.1) 55.0 (1.9)
Net income (loss) attributable to T. Rowe Price Group, Inc. 19.2 (8.6) 42.0 (0.5)
Net income (loss) attributable to redeemable non-controlling interests 7.6 (3.5) 13.0 (1.4)
Voting interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (0.5) (0.5) (2.0) (3.0)
Net investment income (loss) reflected in non-operating income (loss) 27.3 (11.6) 57.0 1.1
Income before income taxes 26.8 (12.1) 55.0 (1.9)
Variable interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 56.7 (13.7) 104.4 38.5
Net income (loss) attributable to T. Rowe Price Group, Inc. 26.9 (3.2) 58.5 26.1
Net income (loss) attributable to redeemable non-controlling interests 29.8 (10.5) 45.9 12.4
Variable interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (1.9) (0.9) (5.3) (5.8)
Net investment income (loss) reflected in non-operating income (loss) 58.6 (12.8) 109.7 44.3
Income before income taxes $ 56.7 $ (13.7) $ 104.4 $ 38.5