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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 2,228.2 $ 1,781.8
Accounts receivable and accrued revenue 714.8 646.6
Investments 3,030.8 2,939.8
Assets of consolidated T. Rowe Price investment products ($2,255.3 million at September 30, 2020 and $1,975.3 million at December 31, 2019, related to variable interest entities) 2,442.3 2,276.9
Operating lease assets 139.2 110.8
Property and equipment, net 681.9 674.4
Goodwill 665.7 665.7
Other assets 231.7 234.4
Total assets 10,134.6 9,330.4
LIABILITIES    
Accounts payable and accrued expenses 186.9 214.5
Liabilities of consolidated T. Rowe Price investment products ($36.8 million at September 30, 2020 and $27.0 million at December 31, 2019, related to variable interest entities) 46.5 39.2
Operating lease liabilities 175.3 146.3
Accrued compensation and related costs 583.3 112.1
Supplemental savings plan liability 607.2 563.4
Income taxes payable 66.7 31.8
Total liabilities 1,665.9 1,107.3
Commitments and contingent liabilities
Redeemable non-controlling interests 1,340.2 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 226,375,000 shares at September 30, 2020 and 235,214,000 at December 31, 2019 45.3 47.0
Additional capital in excess of par value 654.6 654.6
Retained earnings 6,471.3 6,443.5
Accumulated other comprehensive loss (42.7) (43.0)
Total permanent stockholders’ equity 7,128.5 7,102.1
Total liabilities, redeemable non-controlling interests, and permanent stockholders’ equity $ 10,134.6 $ 9,330.4