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UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Restricted stock units
Common stock
Common stock
Restricted stock units
Additional capital in excess of par value
Additional capital in excess of par value
Restricted stock units
Retained earnings
AOCI
[1]
Beginning Balances (in shares) at Dec. 31, 2018     238,069,000          
Balances at beginning of period at Dec. 31, 2018 $ 6,124.3   $ 47.6   $ 654.6   $ 5,464.1 $ (42.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 512.6           512.6  
Other comprehensive income (loss), net of tax 0.4             0.4
Dividends declared (183.8)           (183.8)  
Common stock-based compensation plans activity                
Shares issued upon option exercises (in shares)     830,000          
Shares issued upon option exercises 45.0   $ 0.2   44.8      
Net shares issued upon vesting of restricted stock units (in shares)       14,000        
Net shares issued upon vesting of restricted stock units   $ (1.2)       $ (1.2)    
Forfeiture of restricted awards (in shares)     (5,000)          
Stock-based compensation expense 43.5       43.5      
Common shares repurchased (in shares)     (2,476,000)          
Common shares repurchased (229.8)   $ (0.5)   (87.2)   (142.1)  
Ending Balances (in shares) at Mar. 31, 2019     236,432,000          
Balances at end of period at Mar. 31, 2019 6,311.0   $ 47.3   654.5   5,650.8 (41.6)
Beginning balances attributable to redeemable non-controlling interests at Dec. 31, 2018 740.3              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income (loss) attributable to redeemable non-controlling interests 41.4              
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (1.3)              
Net subscriptions into consolidated T. Rowe Price investment products 85.9              
Net reconsolidations (deconsolidations) of T. Rowe Price investment products 20.4              
Ending balances attributable to redeemable non-controlling interests at Mar. 31, 2019 886.7              
Beginning Balances (in shares) at Dec. 31, 2019     235,214,000          
Balances at beginning of period at Dec. 31, 2019 7,102.1   $ 47.0   654.6   6,443.5 (43.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 343.1           343.1  
Other comprehensive income (loss), net of tax (6.1)             (6.1)
Dividends declared $ (214.7)           (214.7)  
Common stock-based compensation plans activity                
Shares issued upon option exercises (in shares) 1,540,694   1,068,000          
Shares issued upon option exercises $ 41.3   $ 0.2   41.1      
Net shares issued upon vesting of restricted stock units (in shares)       37,000        
Net shares issued upon vesting of restricted stock units   $ (3.0)       $ (3.0)    
Stock-based compensation expense 58.3       58.3      
Restricted stock units issued as dividend equivalents         0.1   (0.1)  
Common shares repurchased (in shares)     (8,334,000)          
Common shares repurchased (887.0)   $ (1.6)   (96.5)   (788.9)  
Ending Balances (in shares) at Mar. 31, 2020     227,985,000          
Balances at end of period at Mar. 31, 2020 6,434.0   $ 45.6   $ 654.6   $ 5,782.9 $ (49.1)
Beginning balances attributable to redeemable non-controlling interests at Dec. 31, 2019 1,121.0              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Net income (loss) attributable to redeemable non-controlling interests (176.5)              
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (17.2)              
Net subscriptions into consolidated T. Rowe Price investment products 63.8              
Net reconsolidations (deconsolidations) of T. Rowe Price investment products (20.1)              
Ending balances attributable to redeemable non-controlling interests at Mar. 31, 2020 $ 971.0              
[1] Accumulated other comprehensive income.