UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 1,562.4	$ 1,781.8
Accounts receivable and accrued revenue	585.3	646.6
Investments	2,731.3	2,939.8
Assets of consolidated T. Rowe Price investment products ($1,795.8 million at March 31, 2020 and $1,975.3 million at December 31, 2019, related to variable interest entities)	2,024.3	2,276.9
Operating lease assets	137.6	110.8
Property and equipment, net	675.2	674.4
Goodwill	665.7	665.7
Other assets	255.1	234.4
Total assets	8,636.9	9,330.4
LIABILITIES
Accounts payable and accrued expenses	198.5	214.5
Liabilities of consolidated T. Rowe Price investment products ($72.0 million at March 31, 2020 and $27.0 million at December 31, 2019, related to variable interest entities)	82.9	39.2
Operating lease liabilities	172.6	146.3
Accrued compensation and related costs	215.4	112.1
Supplemental savings plan liability	504.2	563.4
Income taxes payable	58.3	31.8
Total liabilities	1,231.9	1,107.3
Commitments and contingent liabilities
Redeemable non-controlling interests	971.0	1,121.0
STOCKHOLDERS’ EQUITY
Preferred stock, undesignated, $.20 par value – authorized and unissued 20,000,000 shares	0.0	0.0
Common stock, $.20 par value—authorized 750,000,000; issued 227,985,000 shares at March 31, 2020 and 235,214,000 at December 31, 2019	45.6	47.0
Additional capital in excess of par value	654.6	654.6
Retained earnings	5,782.9	6,443.5
Accumulated other comprehensive loss	(49.1)	(43.0)
Total permanent stockholders’ equity	6,434.0	7,102.1
Total liabilities, redeemable non-controlling interests, and permanent stockholders’ equity	$ 8,636.9	$ 9,330.4