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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues:    
Total operating revenues $ 1,475.3 $ 1,418.2
Operating expenses:    
Third-party distribution, service and advisory 504.0 455.1
Employee compensation 472.7 462.8
Marketing 18.1 19.6
Property, office and technology 117.6 110.5
General and administrative 138.5 105.0
Transaction, integration and restructuring 0.0 41.6
Amortization of intangible assets 11.3 14.1
Total operating expenses 1,262.2 1,208.7
Operating income 213.1 209.5
Other income/(expense):    
Equity in earnings of unconsolidated affiliates 6.9 26.1
Interest and dividend income 12.4 8.6
Interest expense (15.9) (18.0)
Other gains/(losses), net 35.9 27.4
Other income/(expense) of CIP, net 30.5 (17.9)
Income before income taxes 282.9 235.7
Income tax provision (68.7) (69.9)
Net income 214.2 165.8
Net (income)/loss attributable to noncontrolling interests in consolidated entities (13.5) 38.4
Dividends declared on preferred shares (59.2) (59.2)
Net income attributable to Invesco Ltd. $ 141.5 $ 145.0
Earnings per common share:    
Basic (in USD per share) $ 0.31 $ 0.32
Diluted (in USD per share) $ 0.31 $ 0.32
Investment management fees    
Operating revenues:    
Total operating revenues $ 1,048.7 $ 1,027.9
Service and distribution fees    
Operating revenues:    
Total operating revenues 377.0 334.2
Performance fees    
Operating revenues:    
Total operating revenues 0.8 5.6
Other    
Operating revenues:    
Total operating revenues $ 48.8 $ 50.5