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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flow from (used in) operating activities:      
Net income $ 785.6us-gaap_ProfitLoss $ 669.6us-gaap_ProfitLoss $ 411.4us-gaap_ProfitLoss
Adjustments to reconcile Net income to net cash flow from operating activities:      
Intangible amortization and impairments 122.2us-gaap_AmortizationOfIntangibleAssets 128.2us-gaap_AmortizationOfIntangibleAssets 200.0us-gaap_AmortizationOfIntangibleAssets
Depreciation and other amortization 16.9amg_DepreciationAndOtherAmortization 14.0amg_DepreciationAndOtherAmortization 14.1amg_DepreciationAndOtherAmortization
Deferred income tax provision 62.8us-gaap_DeferredIncomeTaxExpenseBenefit 27.7us-gaap_DeferredIncomeTaxExpenseBenefit 11.1us-gaap_DeferredIncomeTaxExpenseBenefit
Imputed interest expense and contingent payment arrangements 30.1us-gaap_AccretionExpense 31.7us-gaap_AccretionExpense (26.1)us-gaap_AccretionExpense
Income from equity method investments, net of amortization (281.7)us-gaap_IncomeLossFromEquityMethodInvestments (307.8)us-gaap_IncomeLossFromEquityMethodInvestments (129.7)us-gaap_IncomeLossFromEquityMethodInvestments
Distributions received from equity method investments 366.9us-gaap_EquityMethodInvestmentDividendsOrDistributions 226.6us-gaap_EquityMethodInvestmentDividendsOrDistributions 104.7us-gaap_EquityMethodInvestmentDividendsOrDistributions
Share-based compensation and Affiliate equity expense 113.7us-gaap_ShareBasedCompensation 84.1us-gaap_ShareBasedCompensation 69.3us-gaap_ShareBasedCompensation
Other non-cash items 11.4us-gaap_OtherNoncashIncomeExpense 20.0us-gaap_OtherNoncashIncomeExpense 24.3us-gaap_OtherNoncashIncomeExpense
Changes in assets and liabilities:      
(Increase) decrease in receivables 26.5us-gaap_IncreaseDecreaseInReceivables (101.8)us-gaap_IncreaseDecreaseInReceivables (41.6)us-gaap_IncreaseDecreaseInReceivables
Increase in other assets (7.1)us-gaap_IncreaseDecreaseInOtherOperatingAssets (12.8)us-gaap_IncreaseDecreaseInOtherOperatingAssets (4.7)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase in payables, accrued liabilities and other liabilities 144.9us-gaap_IncreaseDecreaseInOperatingLiabilities 177.6us-gaap_IncreaseDecreaseInOperatingLiabilities 0.4us-gaap_IncreaseDecreaseInOperatingLiabilities
Cash flow from operating activities 1,392.2us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 957.1us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 633.2us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flow from (used in) investing activities:      
Investments in Affiliates (1,245.0)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates (26.3)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates (797.4)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
Purchase of fixed assets (19.2)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (24.0)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (20.0)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Purchase of investment securities (21.2)us-gaap_PaymentsToAcquireMarketableSecurities (11.4)us-gaap_PaymentsToAcquireMarketableSecurities (19.1)us-gaap_PaymentsToAcquireMarketableSecurities
Sale of investment securities 17.3us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 11.4us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 34.2us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Cash flow used in investing activities (1,268.1)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (50.3)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (802.3)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flow from (used in) financing activities:      
Borrowings of senior debt 1,746.5us-gaap_ProceedsFromLongTermLinesOfCredit 760.0us-gaap_ProceedsFromLongTermLinesOfCredit 970.0us-gaap_ProceedsFromLongTermLinesOfCredit
Repayments of senior debt and convertible securities (1,020.6)us-gaap_RepaymentsOfLongTermLinesOfCredit (1,201.3)us-gaap_RepaymentsOfLongTermLinesOfCredit (555.0)us-gaap_RepaymentsOfLongTermLinesOfCredit
Issuance of common stock 41.4us-gaap_ProceedsFromIssuanceOfCommonStock 48.2us-gaap_ProceedsFromIssuanceOfCommonStock 73.4us-gaap_ProceedsFromIssuanceOfCommonStock
Repurchase of common stock (190.8)us-gaap_PaymentsForRepurchaseOfCommonStock (15.7)us-gaap_PaymentsForRepurchaseOfCommonStock (60.9)us-gaap_PaymentsForRepurchaseOfCommonStock
Note and contingent payments 14.4us-gaap_ProceedsFromRepaymentsOfOtherLongTermDebt (41.0)us-gaap_ProceedsFromRepaymentsOfOtherLongTermDebt (3.6)us-gaap_ProceedsFromRepaymentsOfOtherLongTermDebt
Distributions to non-controlling interests (569.4)us-gaap_PaymentsOfDividendsMinorityInterest (267.1)us-gaap_PaymentsOfDividendsMinorityInterest (181.4)us-gaap_PaymentsOfDividendsMinorityInterest
Affiliate equity issuances and repurchases (65.7)amg_ProceedsFromPaymentsForAffiliateEquityIssuancesAndRepurchases (118.1)amg_ProceedsFromPaymentsForAffiliateEquityIssuancesAndRepurchases (107.9)amg_ProceedsFromPaymentsForAffiliateEquityIssuancesAndRepurchases
Excess tax benefit from share-based compensation 61.5us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 17.3us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 22.0us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Settlement of forward equity sale agreement (45.0)us-gaap_PaymentsForDerivativeInstrumentFinancingActivities (44.0)us-gaap_PaymentsForDerivativeInstrumentFinancingActivities 0us-gaap_PaymentsForDerivativeInstrumentFinancingActivities
Other financing items (5.2)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (7.4)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (10.4)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Cash flow from (used in) financing activities (32.9)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (869.1)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 146.2us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of foreign exchange rate changes on cash and cash equivalents (10.2)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations 1.5us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations 3.8us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
Net increase (decrease) in cash and cash equivalents 81.0us-gaap_NetCashProvidedByUsedInContinuingOperations 39.2us-gaap_NetCashProvidedByUsedInContinuingOperations (19.1)us-gaap_NetCashProvidedByUsedInContinuingOperations
Cash and cash equivalents at beginning of period 469.6us-gaap_CashAndCashEquivalentsAtCarryingValue 430.4us-gaap_CashAndCashEquivalentsAtCarryingValue 449.5us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 550.6us-gaap_CashAndCashEquivalentsAtCarryingValue 469.6us-gaap_CashAndCashEquivalentsAtCarryingValue 430.4us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:      
Interest paid 67.9us-gaap_InterestPaidNet 87.4us-gaap_InterestPaidNet 79.8us-gaap_InterestPaidNet
Income taxes paid 110.7us-gaap_IncomeTaxesPaidNet 82.8us-gaap_IncomeTaxesPaidNet 51.6us-gaap_IncomeTaxesPaidNet
Supplemental disclosure of non-cash financing activities:      
Settlement of 2006 junior convertible securities 217.8amg_StockIssuedinSettlementofJuniorTrustPreferredSecurities 0amg_StockIssuedinSettlementofJuniorTrustPreferredSecurities 0amg_StockIssuedinSettlementofJuniorTrustPreferredSecurities
Stock issued under other incentive plans 63.6amg_StockIssuedUnderOtherIncentivePlans 1.3amg_StockIssuedUnderOtherIncentivePlans 0.5amg_StockIssuedUnderOtherIncentivePlans
Stock received in settlement of liability 44.7amg_StockReceivedinSettlementofLiability 0.5amg_StockReceivedinSettlementofLiability 0.1amg_StockReceivedinSettlementofLiability
Payables recorded for Share repurchases 47.8amg_PayablesRecordedButNotYetPaidShareRepurchases 0amg_PayablesRecordedButNotYetPaidShareRepurchases 0amg_PayablesRecordedButNotYetPaidShareRepurchases
Payables recorded for Affiliate equity repurchases 21.5amg_PayablesRecordedForAffiliateEquityPurchases 4.0amg_PayablesRecordedForAffiliateEquityPurchases 10.6amg_PayablesRecordedForAffiliateEquityPurchases
Payables recorded under contingent payment arrangements $ 0amg_PayablesRecordedUnderContingentPaymentArrangements $ 0amg_PayablesRecordedUnderContingentPaymentArrangements $ 28.9amg_PayablesRecordedUnderContingentPaymentArrangements