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CONSOLIDATED INVESTMENT PRODUCTS - Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash provided by (used in) operating activities $ 1,685.6 $ 1,219.1 $ 2,359.4
Net cash provided by (used in) investing activities (177.5) 128.2 (41.5)
Net cash provided by (used in) financing activities (936.6) (1,078.6) (2,076.9)
FX impact on cash (2.4) 0.4 9.5
Net change in cash and cash equivalents during year 569.1 269.1 250.5
Cash and cash equivalents at beginning of year 2,143.8 1,874.7 1,624.2
Cash and cash equivalents at end of year 2,712.9 2,143.8 1,874.7
Consolidated T. Rowe Price investment products      
Condensed Cash Flow Statements, Captions [Line Items]      
Cash and cash equivalents at beginning of year 77.2 119.1 101.1
Cash and cash equivalents at end of year 63.1 77.2 119.1
Consolidated T. Rowe Price investment products | Reportable entities      
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash provided by (used in) operating activities (633.8) (888.9) (77.2)
Net cash provided by (used in) investing activities (15.8) (56.8) (8.7)
Net cash provided by (used in) financing activities 637.9 903.4 94.4
FX impact on cash (2.4) 0.4 9.5
Net change in cash and cash equivalents during year (14.1) (41.9) 18.0
Cash and cash equivalents at beginning of year 77.2 119.1  
Cash and cash equivalents at end of year 63.1 77.2 119.1
VOE | Reportable entities      
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash provided by (used in) operating activities (239.4) (517.5) (84.1)
Net cash provided by (used in) investing activities (14.7) (32.7) 0.1
Net cash provided by (used in) financing activities 235.6 559.7 92.9
FX impact on cash 0.0 0.0 0.0
Net change in cash and cash equivalents during year (18.5) 9.5 8.9
Cash and cash equivalents at beginning of year 25.7 16.2 7.3
Cash and cash equivalents at end of year 7.2 25.7 16.2
VIE | Reportable entities      
Condensed Cash Flow Statements, Captions [Line Items]      
Net cash provided by (used in) operating activities (394.4) (371.4) 6.9
Net cash provided by (used in) investing activities (1.1) (24.1) (8.8)
Net cash provided by (used in) financing activities 402.3 343.7 1.5
FX impact on cash (2.4) 0.4 9.5
Net change in cash and cash equivalents during year 4.4 (51.4) 9.1
Cash and cash equivalents at beginning of year 51.5 102.9 93.8
Cash and cash equivalents at end of year $ 55.9 $ 51.5 $ 102.9