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CONSOLIDATED INVESTMENT PRODUCTS - Statement of Cash Flows (Details) - USD ($) $ in Millions | 6 Months Ended
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Jun. 30, 2025 | Jun. 30, 2024
Condensed Cash Flow Statements, Captions [Line Items] |  |
Net cash provided by (used in) operating activities | $ 1,162.8 | $ 1,315.0
Net cash provided by (used in) investing activities | (56.8) | (93.4)
Net cash provided by (used in) financing activities | (687.3) | (575.5)
Effect of exchange rate changes on cash and cash equivalents of consolidated investment products | (1.1) | (1.1)
Net change in cash and cash equivalents during period | 417.6 | 645.0
Cash and cash equivalents at beginning of period, including $63.1 million at December 31, 2024, and $77.2 million at December 31, 2023, held by consolidated investment products | 2,712.9 | 2,143.8
Cash and cash equivalents at end of period, including $71.6 million at June 30, 2025, and $73.9 million at June 30, 2024, held by consolidated investment products | 3,130.5 | 2,788.8
Consolidated T. Rowe Price investment products |  |
Condensed Cash Flow Statements, Captions [Line Items] |  |
Cash and cash equivalents at beginning of period, including $63.1 million at December 31, 2024, and $77.2 million at December 31, 2023, held by consolidated investment products | 63.1 | 77.2
Cash and cash equivalents at end of period, including $71.6 million at June 30, 2025, and $73.9 million at June 30, 2024, held by consolidated investment products | 71.6 | 73.9
Reportable entities | Consolidated T. Rowe Price investment products |  |
Condensed Cash Flow Statements, Captions [Line Items] |  |
Net cash provided by (used in) operating activities | (306.0) | (143.6)
Net cash provided by (used in) investing activities | (1.1) | (13.1)
Net cash provided by (used in) financing activities | 316.7 | 154.5
Effect of exchange rate changes on cash and cash equivalents of consolidated investment products | (1.1) | (1.1)
Net change in cash and cash equivalents during period | 8.5 | (3.3)
Cash and cash equivalents at beginning of period, including $63.1 million at December 31, 2024, and $77.2 million at December 31, 2023, held by consolidated investment products | 63.1 | 77.2
Cash and cash equivalents at end of period, including $71.6 million at June 30, 2025, and $73.9 million at June 30, 2024, held by consolidated investment products | 71.6 | 73.9
Reportable entities | Voting interest entities |  |
Condensed Cash Flow Statements, Captions [Line Items] |  |
Net cash provided by (used in) operating activities | (161.6) | (111.4)
Net cash provided by (used in) investing activities | 0.5 | (12.4)
Net cash provided by (used in) financing activities | 155.1 | 119.5
Effect of exchange rate changes on cash and cash equivalents of consolidated investment products | 0.0 | 0.0
Net change in cash and cash equivalents during period | (6.0) | (4.3)
Cash and cash equivalents at beginning of period, including $63.1 million at December 31, 2024, and $77.2 million at December 31, 2023, held by consolidated investment products | 7.2 | 25.7
Cash and cash equivalents at end of period, including $71.6 million at June 30, 2025, and $73.9 million at June 30, 2024, held by consolidated investment products | 1.2 | 21.4
Reportable entities | Variable interest entities |  |
Condensed Cash Flow Statements, Captions [Line Items] |  |
Net cash provided by (used in) operating activities | (144.4) | (32.2)
Net cash provided by (used in) investing activities | (1.6) | (0.7)
Net cash provided by (used in) financing activities | 161.6 | 35.0
Effect of exchange rate changes on cash and cash equivalents of consolidated investment products | (1.1) | (1.1)
Net change in cash and cash equivalents during period | 14.5 | 1.0
Cash and cash equivalents at beginning of period, including $63.1 million at December 31, 2024, and $77.2 million at December 31, 2023, held by consolidated investment products | 55.9 | 51.5
Cash and cash equivalents at end of period, including $71.6 million at June 30, 2025, and $73.9 million at June 30, 2024, held by consolidated investment products | $ 70.4 | $ 52.5

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