UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues
Net revenues	$ 1,462.6	$ 1,327.3
Operating expenses
Compensation and related costs	440.7	491.5
Distribution and servicing	65.7	66.4
Advertising and promotion	24.9	21.6
Product-related costs	41.6	44.2
Technology, occupancy, and facility costs	105.4	98.1
General, administrative, and other	77.1	73.0
Total operating expenses	755.4	794.8
Net operating income	707.2	532.5
Non-operating income (loss)
Net gains (losses) on investments	(154.6)	100.1
Net gains (losses) on consolidated investment products	(330.3)	101.9
Other income (loss)	(15.4)	0.8
Total non-operating income (loss)	(500.3)	202.8
Income before income taxes	206.9	735.3
Provision for income taxes	40.3	181.3
Net income	166.6	554.0
Less: net income (loss) attributable to redeemable non-controlling interests	(176.5)	41.4
Net income attributable to T. Rowe Price Group	$ 343.1	$ 512.6
Earnings per share on common stock of T. Rowe Price Group
Basic (in dollars per share)	$ 1.43	$ 2.11
Diluted (in dollars per share)	$ 1.41	$ 2.09
Investment advisory fees
Revenues
Net revenues	$ 1,327.8	$ 1,194.2
Administrative, distribution, and servicing fees
Revenues
Net revenues	$ 134.8	$ 133.1