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CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS. (Operating Results) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income $ (861.7) $ (780.1) $ (1,617.1) $ (1,574.9)
Income before income taxes 968.8 739.6 1,175.7 1,474.9
Net income (loss) attributable to redeemable non-controlling interests 125.5 28.4 (51.0) 69.8
Consolidation eliminations        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (2.1) (2.2) (4.6) (3.7)
Consolidated T. Rowe Price investment products        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 238.8 59.0 (95.2) 157.8
Net income (loss) attributable to T. Rowe Price Group 113.3 30.6 (44.2) 88.0
Net income (loss) attributable to redeemable non-controlling interests 125.5 28.4 (51.0) 69.8
Consolidated T. Rowe Price investment products | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (3.6) (3.8) (7.3) (6.9)
Net investment income (loss) reflected in non-operating income (loss) 242.4 62.8 (87.9) 164.7
Income before income taxes 238.8 59.0 (95.2) 157.8
Voting interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 16.1 10.7 (19.3) 18.4
Net income (loss) attributable to T. Rowe Price Group 12.9 5.2 (9.7) 13.9
Net income (loss) attributable to redeemable non-controlling interests 3.2 5.5 (9.6) 4.5
Voting interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (0.3) (0.7) (0.5) (1.0)
Net investment income (loss) reflected in non-operating income (loss) 16.4 11.4 (18.8) 19.4
Income before income taxes 16.1 10.7 (19.3) 18.4
Variable interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 222.7 48.3 (75.9) 139.4
Net income (loss) attributable to T. Rowe Price Group 100.4 25.4 (34.5) 74.1
Net income (loss) attributable to redeemable non-controlling interests 122.3 22.9 (41.4) 65.3
Variable interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (3.3) (3.1) (6.8) (5.9)
Net investment income (loss) reflected in non-operating income (loss) 226.0 51.4 (69.1) 145.3
Income before income taxes $ 222.7 $ 48.3 $ (75.9) $ 139.4