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Fair Value Measurements (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2019
Dec. 31, 2018
Asset of BSIF and consolidated Funds    
Investments at fair value $ 332.2 $ 321.4
Total fair value assets 332.2 321.4
Liabilities of consolidated Funds    
Total fair value liabilities (1.6) (1.7)
Investment funds    
Asset of BSIF and consolidated Funds    
Uncategorized $ 54.8 97.4
Investment funds | Minimum    
Asset of BSIF and consolidated Funds    
Term over which the underlying assets are expected to be liquidated by the investees 1 year  
Investment funds | Maximum    
Asset of BSIF and consolidated Funds    
Term over which the underlying assets are expected to be liquidated by the investees 11 years  
Consolidated Funds    
Asset of BSIF and consolidated Funds    
Common and preferred stock $ 14.3 13.8
Short-term investment funds 2.9 2.2
Bank loans 104.8 63.9
Other investments 5.3 42.5
Derivatives 0.8 2.4
Investments at fair value 128.1 124.8
Total fair value assets 128.1 124.8
Liabilities of consolidated Funds    
Common stock   (0.8)
Derivatives (1.6) (0.9)
Total fair value liabilities (1.6) (1.7)
Consolidated Funds | Other Investments    
Asset of BSIF and consolidated Funds    
Uncategorized 0.0 38.8
Investments in unconsolidated Funds    
Asset of BSIF and consolidated Funds    
Investments in separate accounts 46.5 43.2
Investments related to long-term incentive compensation plans 99.8 91.8
Uncategorized 54.8  
Total fair value assets 204.1 196.6
Investments in unconsolidated Funds | Investment funds    
Asset of BSIF and consolidated Funds    
Uncategorized 54.8 58.6
Investments at fair value 57.8 61.6
Investments in unconsolidated Funds | Investment Funds Subject To Longer Redemption Restrictions    
Asset of BSIF and consolidated Funds    
Uncategorized 9.3 12.3
Quoted prices in active markets (Level I)    
Asset of BSIF and consolidated Funds    
Total fair value assets 157.9 148.7
Liabilities of consolidated Funds    
Total fair value liabilities (1.4) (1.6)
Quoted prices in active markets (Level I) | Consolidated Funds    
Asset of BSIF and consolidated Funds    
Common and preferred stock 14.3 13.8
Short-term investment funds 2.9 2.2
Bank loans 0.0 0.0
Other investments 4.3 3.7
Derivatives 0.7 2.2
Total fair value assets 22.2 21.9
Liabilities of consolidated Funds    
Common stock   (0.8)
Derivatives (1.4) (0.8)
Total fair value liabilities (1.4) (1.6)
Quoted prices in active markets (Level I) | Investments in unconsolidated Funds    
Asset of BSIF and consolidated Funds    
Investments in separate accounts 35.9 35.0
Investments related to long-term incentive compensation plans 99.8 91.8
Total fair value assets $ 135.7 $ 126.8
Liabilities of consolidated Funds    
Investment in cash 8.00% 11.00%
Investment in equity securities 92.00% 89.00%
Quoted prices in active markets (Level I) | Investments in unconsolidated Funds | Investment funds    
Asset of BSIF and consolidated Funds    
Investments at fair value $ 0.0 $ 0.0
Significant other observable inputs (Level II)    
Asset of BSIF and consolidated Funds    
Total fair value assets 116.5 72.3
Liabilities of consolidated Funds    
Total fair value liabilities (0.2) (0.1)
Significant other observable inputs (Level II) | Consolidated Funds    
Asset of BSIF and consolidated Funds    
Common and preferred stock 0.0 0.0
Short-term investment funds 0.0 0.0
Bank loans 104.8 63.9
Other investments 1.0 0.0
Derivatives 0.1 0.2
Total fair value assets 105.9 64.1
Liabilities of consolidated Funds    
Common stock   0.0
Derivatives (0.2) (0.1)
Total fair value liabilities (0.2) (0.1)
Significant other observable inputs (Level II) | Investments in unconsolidated Funds    
Asset of BSIF and consolidated Funds    
Investments in separate accounts 10.6 8.2
Investments related to long-term incentive compensation plans 0.0 0.0
Total fair value assets 10.6 8.2
Significant other observable inputs (Level II) | Investments in unconsolidated Funds | Investment funds    
Asset of BSIF and consolidated Funds    
Investments at fair value 0.0 0.0
Significant unobservable inputs (Level III)    
Asset of BSIF and consolidated Funds    
Total fair value assets 3.0 3.0
Liabilities of consolidated Funds    
Total fair value liabilities 0.0 0.0
Significant unobservable inputs (Level III) | Consolidated Funds    
Asset of BSIF and consolidated Funds    
Common and preferred stock 0.0 0.0
Short-term investment funds 0.0 0.0
Bank loans 0.0 0.0
Other investments 0.0 0.0
Derivatives 0.0 0.0
Total fair value assets 0.0 0.0
Liabilities of consolidated Funds    
Common stock   0.0
Derivatives 0.0 0.0
Total fair value liabilities 0.0 0.0
Significant unobservable inputs (Level III) | Investments in unconsolidated Funds    
Asset of BSIF and consolidated Funds    
Investments in separate accounts 0.0 0.0
Investments related to long-term incentive compensation plans 0.0 0.0
Total fair value assets 3.0 3.0
Significant unobservable inputs (Level III) | Investments in unconsolidated Funds | Investment funds    
Asset of BSIF and consolidated Funds    
Investments at fair value $ 3.0 $ 3.0