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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating revenues:    
Total operating revenues $ 1,659.7 $ 1,598.9
Operating expenses:    
Third-party distribution, service and advisory 522.8 515.1
Employee compensation 489.2 421.9
Marketing 15.8 32.7
Property, office and technology 129.3 130.4
General and administrative 96.6 106.3
Transaction, integration and restructuring 45.8 59.6
Amortization of intangibles 15.9 15.9
Total operating expenses 1,315.4 1,281.9
Operating income 344.3 317.0
Other income/(expense):    
Equity in earnings of unconsolidated affiliates 27.5 16.9
Interest and dividend income 1.3 6.4
Interest expense (23.8) (36.3)
Other gains and losses, net 34.1 (106.5)
Other income/(expense) of CIP, net 94.7 (20.1)
Income before income taxes 478.1 177.4
Income tax provision (106.5) (57.4)
Net income 371.6 120.0
Net (income)/loss attributable to noncontrolling interests in consolidated entities (44.6) 20.7
Dividends declared on preferred shares (59.2) (59.2)
Net income attributable to Invesco Ltd. $ 267.8 $ 81.5
Earnings per common share:    
- basic (usd per share) $ 0.58 $ 0.18
- diluted (usd per share) $ 0.58 $ 0.18
Investment management fees    
Operating revenues:    
Total operating revenues $ 1,206.6 $ 1,168.3
Service and distribution fees    
Operating revenues:    
Total operating revenues 381.1 365.8
Performance fees    
Operating revenues:    
Total operating revenues 6.7 4.8
Other    
Operating revenues:    
Total operating revenues $ 65.3 $ 60.0