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CONSOLIDATED INVESTMENT PRODUCTS - Operating Results (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Condensed Income Statements, Captions [Line Items] |  |
Operating expenses reflected in net operating income | $ (1,167.6) | $ (1,163.6)
Income before income taxes | 667.0 | 775.5
Net income (loss) attributable to redeemable non-controlling interests | 14.6 | 19.6
Consolidated T. Rowe Price investment products |  |
Condensed Income Statements, Captions [Line Items] |  |
Income before income taxes | 29.4 | 70.0
Net income (loss) attributable to T. Rowe Price Group, Inc. | 14.8 | 50.4
Net income (loss) attributable to redeemable non-controlling interests | 14.6 | 19.6
Consolidated T. Rowe Price investment products | Reportable entities |  |
Condensed Income Statements, Captions [Line Items] |  |
Operating expenses reflected in net operating income | (2.5) | (2.3)
Net investment income (loss) reflected in non-operating income (loss) | 31.9 | 72.3
Income before income taxes | 29.4 | 70.0
Voting interest entities |  |
Condensed Income Statements, Captions [Line Items] |  |
Income before income taxes | 14.9 | 32.6
Net income (loss) attributable to T. Rowe Price Group, Inc. | 10.2 | 25.8
Net income (loss) attributable to redeemable non-controlling interests | 4.7 | 6.8
Voting interest entities | Reportable entities |  |
Condensed Income Statements, Captions [Line Items] |  |
Operating expenses reflected in net operating income | (0.2) | (0.8)
Net investment income (loss) reflected in non-operating income (loss) | 15.1 | 33.4
Income before income taxes | 14.9 | 32.6
Variable interest entities |  |
Condensed Income Statements, Captions [Line Items] |  |
Income before income taxes | 14.5 | 37.4
Net income (loss) attributable to T. Rowe Price Group, Inc. | 4.6 | 24.6
Net income (loss) attributable to redeemable non-controlling interests | 9.9 | 12.8
Variable interest entities | Reportable entities |  |
Condensed Income Statements, Captions [Line Items] |  |
Operating expenses reflected in net operating income | (2.3) | (1.5)
Net investment income (loss) reflected in non-operating income (loss) | 16.8 | 38.9
Income before income taxes | $ 14.5 | $ 37.4

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