XML 199 R28.htm IDEA: XBRL DOCUMENT
v3.25.0.1

OTHER DISCLOSURES | 12 Months Ended
--- | ---
Dec. 31, 2024
Other Disclosures [Abstract] |
OTHER DISCLOSURES | OTHER DISCLOSURES. RETIREMENT PLANS. Compensation and related costs includes expense recognized for our defined contribution retirement plans of $162.0 million in 2024, $152.5 million in 2023, and $130.2 million in 2022. SUPPLEMENTAL SAVINGS PLAN. The supplemental savings plan provides certain senior officers the opportunity to defer payment on up to 50% of their annual cash incentive, limited to $2 million annually. The amounts deferred are adjusted in accordance with the hypothetical investments chosen by the officer from a list of T. Rowe Price products. The officer must specify if they would like to receive payment as a lump sum or up to ten annual installments upon separation of service. Additionally, the officer may elect to receive a lump sum payment while still employed in as little as five years. Below is a roll forward of the supplement savings plan liability which is reported in deferred compensation liabilities on the consolidated balance sheets.
(in millions) | 2024 |  | 2023
Balance at beginning of the year | $ | 895.0 |  |  | $ | 761.2 |
Deferrals (including taxes) | 53.4 |  |  | 52.8 |
Market appreciation (depreciation) | 104.3 |  |  | 123.2 |
Distributions | (46.7) |  |  | (42.2) |
Balance at end of the year | $ | 1,006.0 |  |  | $ | 895.0 |

X
- Definition Other Disclosures [Abstract] + References No definition available. + Details
Name: | trow_OtherDisclosuresAbstract
Namespace Prefix: | trow_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Other Disclosures [Text Block] + References No definition available. + Details
Name: | trow_OtherDisclosuresTextBlock
Namespace Prefix: | trow_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration