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CONSOLIDATED T. ROWE PRICE INVESTMENT PRODUCTS. (Operating Results) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income $ (866.9) $ (767.6) $ (2,484.0) $ (2,342.5)
Income before income taxes 920.5 702.1 2,096.2 2,177.0
Net income (loss) attributable to redeemable non-controlling interests 55.4 (0.8) 4.4 69.0
Consolidation eliminations        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (2.7) (2.6) (7.3) (6.3)
Consolidated T. Rowe Price investment products        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 96.8 7.9 1.6 165.7
Net income (loss) attributable to T. Rowe Price Group 41.4 8.7 (2.8) 96.7
Net income (loss) attributable to redeemable non-controlling interests 55.4 (0.8) 4.4 69.0
Consolidated T. Rowe Price investment products | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (4.4) (3.7) (11.7) (10.6)
Net investment income (loss) reflected in non-operating income (loss) 101.2 11.6 13.3 176.3
Income before income taxes 96.8 7.9 1.6 165.7
Voting interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 12.4 0.9 (6.9) 19.3
Net income (loss) attributable to T. Rowe Price Group 7.0 0.7 (2.7) 14.6
Net income (loss) attributable to redeemable non-controlling interests 5.4 0.2 (4.2) 4.7
Voting interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (0.7) (0.6) (1.2) (1.6)
Net investment income (loss) reflected in non-operating income (loss) 13.1 1.5 (5.7) 20.9
Income before income taxes 12.4 0.9 (6.9) 19.3
Variable interest entities        
Condensed Income Statements, Captions [Line Items]        
Income before income taxes 84.4 7.0 8.5 146.4
Net income (loss) attributable to T. Rowe Price Group 34.4 8.0 (0.1) 82.1
Net income (loss) attributable to redeemable non-controlling interests 50.0 (1.0) 8.6 64.3
Variable interest entities | Reportable entities        
Condensed Income Statements, Captions [Line Items]        
Operating expenses reflected in net operating income (3.7) (3.1) (10.5) (9.0)
Net investment income (loss) reflected in non-operating income (loss) 88.1 10.1 19.0 155.4
Income before income taxes $ 84.4 $ 7.0 $ 8.5 $ 146.4