FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

The following table summarizes our investments and liabilities that are recognized in our consolidated balance sheets at December 31 using fair value measurements determined based on the differing levels of inputs. This table excludes investments held by the consolidated investment products, which are presented separately in our consolidated balance sheets and are detailed in Note 6.

	2025				2024
(in millions)	Level 1		Level 2		Level 1		Level 2
T. Rowe Price investment products
Cash equivalents held in money market funds	$	3,049.0	$	—	$	2,309.8	$	—
Discretionary investments	463.7		—		258.8		—
Redeemable seed capital investments	258.6		57.5		209.4		53.4
Investments used to hedge the deferred compensation liabilities	1,243.3		—		992.8		—
Other investments	0.3		—		0.1		—
Investments in affiliated collateralized loan obligations	—		3.2		—		6.3
Total	$	5,014.9	$	60.7	$	3,770.9	$	59.7