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UNAUDITED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets of consolidated T. Rowe Price investment products $ 1,989.0 $ 2,044.0
Liabilities of consolidated T. Rowe Price investment products $ 81.5 $ 62.1
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) 219,902,000 222,966,000
Variable interest entities    
Assets of consolidated T. Rowe Price investment products $ 1,861.7 $ 1,555.6
Liabilities of consolidated T. Rowe Price investment products $ 80.6 $ 46.2