UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 2,058.1	$ 1,781.8
Accounts receivable and accrued revenue	655.7	646.6
Investments	2,900.0	2,939.8
Assets of consolidated T. Rowe Price investment products ($2,005.4 million at June 30, 2020 and $1,975.3 million at December 31, 2019, related to variable interest entities)	2,161.5	2,276.9
Operating lease assets	131.5	110.8
Property and equipment, net	685.4	674.4
Goodwill	665.7	665.7
Other assets	219.4	234.4
Total assets	9,477.3	9,330.4
LIABILITIES
Accounts payable and accrued expenses	194.3	214.5
Liabilities of consolidated T. Rowe Price investment products ($41.6 million at June 30, 2020 and $27.0 million at December 31, 2019, related to variable interest entities)	54.8	39.2
Operating lease liabilities	166.4	146.3
Accrued compensation and related costs	384.7	112.1
Supplemental savings plan liability	577.0	563.4
Income taxes payable	259.3	31.8
Total liabilities	1,636.5	1,107.3
Commitments and contingent liabilities
Redeemable non-controlling interests	1,090.1	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 226,990,000 shares at June 30, 2020 and 235,214,000 at December 31, 2019	45.4	47.0
Additional capital in excess of par value	654.6	654.6
Retained earnings	6,102.9	6,443.5
Accumulated other comprehensive loss	(52.2)	(43.0)
Total permanent stockholders’ equity	6,750.7	7,102.1
Total liabilities, redeemable non-controlling interests, and permanent stockholders’ equity	$ 9,477.3	$ 9,330.4