CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended	6 Months Ended
Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Consolidated revenue	$ 512.5	$ 604.1	$ 1,029.9	$ 1,211.4
Consolidated expenses:
Compensation and related expenses	228.9	268.2	451.2	523.2
Selling, general and administrative	85.2	93.1	182.3	182.6
Intangible amortization and impairments	12.5	12.5	25.0	25.0
Interest expense	30.9	27.3	61.3	56.4
Depreciation and other amortization	3.3	4.7	7.0	8.1
Other expenses (net)	13.8	(5.2)	28.3	0.4
Total consolidated expenses	374.6	400.6	755.1	795.7
Equity method income (net)	55.8	30.5	114.5	79.1
Investment and other income (expense)	26.5	(22.0)	64.3	(8.4)
Income before income taxes	220.2	212.0	453.6	486.4
Income tax expense	32.8	38.0	77.7	93.8
Net income	187.4	174.0	375.9	392.6
Net income (non-controlling interests)	(62.1)	(64.6)	(116.1)	(137.2)
Net income (controlling interest)	$ 125.3	$ 109.4	$ 259.8	$ 255.4
Average shares outstanding (basic) (in shares)	35.9	38.7	35.9	39.2
Average shares outstanding (diluted) (in shares)	42.1	44.5	40.2	48.1
Earnings per share (basic) (in dollars per share)	$ 3.49	$ 2.83	$ 7.23	$ 6.52
Earnings per share (diluted) (in dollars per share)	$ 3.25	$ 2.68	$ 6.74	$ 6.10

Amortization and Impairments of Intangible Assets

No definition available.

Name:	amg_AmortizationandImpairmentsofIntangibleAssets
Namespace Prefix:	amg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

The aggregate expense charged against earnings to allocate the cost of tangible assets to periods in which the assets are used and held and to allocate the cost of issuing debt to periods in which the debt is outstanding. As a noncash expense, this element is added back to net income when calculating cash provided by (used in) operations using the indirect method.

+ References

No definition available.