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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating revenues:    
Total operating revenues $ 1,598.9 $ 1,214.6
Operating expenses:    
Third-party distribution, service and advisory 515.1 368.0
Employee compensation 421.9 381.3
Marketing 32.7 28.0
Property, office and technology 130.4 107.2
General and administrative 106.3 83.8
Transaction, integration, and restructuring 75.5 46.1
Total operating expenses 1,281.9 1,014.4
Operating income 317.0 200.2
Other income/(expense):    
Equity in earnings of unconsolidated affiliates 16.9 15.0
Interest and dividend income 6.4 4.7
Interest expense (36.3) (33.1)
Other gains and losses, net (106.5) 31.1
Other income/(expense) of CIP, net (20.1) 38.9
Income before income taxes 177.4 256.8
Income tax provision (57.4) (66.2)
Net income 120.0 190.6
Net (income)/loss attributable to noncontrolling interests in consolidated entities 20.7 (12.9)
Dividends declared on preferred shares (59.2) 0.0
Net income attributable to Invesco Ltd. $ 81.5 $ 177.7
Earnings per common share:    
- basic (usd per share) $ 0.18 $ 0.44
- diluted (usd per share) $ 0.18 $ 0.44
Investment management fees    
Operating revenues:    
Total operating revenues $ 1,168.3 $ 923.7
Service and distribution fees    
Operating revenues:    
Total operating revenues 365.8 219.3
Performance fees    
Operating revenues:    
Total operating revenues 4.8 21.8
Other    
Operating revenues:    
Total operating revenues $ 60.0 $ 49.8