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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets of consolidated T. Rowe Price investment products $ 2,044.0 $ 1,959.3
Liabilities of consolidated T. Rowe Price investment products $ 62.1 $ 54.2
Stockholders' equity    
Preferred stock, par value (in dollars per share) $ 0.20 $ 0.20
Preferred stock, shares authorized (in shares) 20,000,000 20,000,000
Common stock, par value (in dollars per share) $ 0.20 $ 0.20
Common stock, shares authorized (in shares) 750,000,000 750,000,000
Common stock, shares issued (in shares) 222,966,000 223,938,000
VIE    
Assets of consolidated T. Rowe Price investment products $ 1,555.6 $ 1,204.4
Liabilities of consolidated T. Rowe Price investment products $ 46.2 $ 35.2