CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Millions |
Total |
Cumulative Effect, Period of Adoption, Adjustment |
Cumulative Effect, Period of Adoption, Adjusted Balance |
Restricted shares |
Restricted stock units |
Common stock |
Common stock
Cumulative Effect, Period of Adoption, Adjusted Balance
|
Common stock
Restricted shares
|
Common stock
Restricted stock units
|
Additional capital in excess of par value |
Additional capital in excess of par value
Cumulative Effect, Period of Adoption, Adjusted Balance
|
Additional capital in excess of par value
Restricted shares
|
Additional capital in excess of par value
Restricted stock units
|
Retained earnings |
Retained earnings
Cumulative Effect, Period of Adoption, Adjustment
|
Retained earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
|
AOCI |
[1] |
AOCI
Cumulative Effect, Period of Adoption, Adjustment
|
AOCI
Cumulative Effect, Period of Adoption, Adjusted Balance
|
[1] |
Beginning balances (in shares) at Dec. 31, 2017 |
|
|
|
|
|
|
245,111,000
|
245,111,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning balances at Dec. 31, 2017 |
|
$ 5,824.4
|
|
$ 5,838.9
|
|
|
$ 49.0
|
$ 49.0
|
|
|
$ 846.1
|
$ 846.1
|
|
|
$ 4,932.9
|
|
$ 4,957.6
|
$ (3.6)
|
|
|
$ (13.8)
|
Beginning balances (Accounting standards update 2016-01) at Dec. 31, 2017 |
[2] |
|
$ 14.5
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 22.4
|
|
|
$ (7.9)
|
[1] |
|
Beginning balances (Accounting Standards Update 2018-02) at Dec. 31, 2017 |
[1] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2.3
|
|
|
$ (2.3)
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
1,837.5
|
|
|
|
|
|
|
|
|
|
|
|
|
1,837.5
|
|
|
|
|
|
|
Other comprehensive income (loss), net of tax |
|
(28.2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(28.2)
|
|
|
|
Dividends declared |
|
(694.7)
|
|
|
|
|
|
|
|
|
|
|
|
|
(694.7)
|
|
|
|
|
|
|
Common stock-based compensation plans activity: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued upon option exercises (in shares) |
|
|
|
|
|
|
2,870,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued upon option exercises |
|
121.3
|
|
|
|
|
$ 0.5
|
|
|
|
120.8
|
|
|
|
|
|
|
|
|
|
|
Stock issued, restricted stock award, net of shares withheld for taxes (in shares) |
|
|
|
|
|
|
|
|
(115,000)
|
1,053,000
|
|
|
|
|
|
|
|
|
|
|
|
Stock issued, restricted stock award, net of shares withheld for taxes |
|
|
|
|
$ (11.4)
|
$ (36.6)
|
|
|
|
$ 0.2
|
|
|
$ (11.4)
|
$ (36.8)
|
|
|
|
|
|
|
|
Forfeiture of restricted awards (in shares) |
|
|
|
|
|
|
(14,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forfeiture of restricted awards |
|
0.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock-based compensation expense |
|
197.1
|
|
|
|
|
|
|
|
|
197.1
|
|
|
|
|
|
|
|
|
|
|
Restricted stock units issued as dividend equivalents |
|
0.0
|
|
|
|
|
|
|
|
|
0.2
|
|
|
|
(0.2)
|
|
|
|
|
|
|
Common shares repurchased (shares) |
|
|
|
|
|
|
(10,836,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common shares repurchased |
|
(1,099.6)
|
|
|
|
|
$ (2.1)
|
|
|
|
(461.4)
|
|
|
|
(636.1)
|
|
|
|
|
|
|
Ending balances (in shares) at Dec. 31, 2018 |
|
|
|
|
|
|
238,069,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balances at Dec. 31, 2018 |
|
6,124.3
|
|
|
|
|
$ 47.6
|
|
|
|
654.6
|
|
|
|
5,464.1
|
|
|
(42.0)
|
|
|
|
Beginning balances attributable to redeemable non-controlling interests at Dec. 31, 2017 |
|
992.8
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to redeemable non-controlling interests |
|
(68.8)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests |
|
(26.1)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net subscriptions into T. Rowe Price investment products |
|
468.8
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net deconsolidations of T. Rowe Price investment products |
|
(626.4)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balances attributable to redeemable non-controlling interests at Dec. 31, 2018 |
|
740.3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
2,131.3
|
|
|
|
|
|
|
|
|
|
|
|
|
2,131.3
|
|
|
|
|
|
|
Other comprehensive income (loss), net of tax |
|
(1.0)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1.0)
|
|
|
|
Dividends declared |
|
(733.6)
|
|
|
|
|
|
|
|
|
|
|
|
|
(733.6)
|
|
|
|
|
|
|
Common stock-based compensation plans activity: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued upon option exercises (in shares) |
|
|
|
|
|
|
2,924,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued upon option exercises |
|
148.5
|
|
|
|
|
$ 0.6
|
|
|
|
147.9
|
|
|
|
|
|
|
|
|
|
|
Stock issued, restricted stock award, net of shares withheld for taxes (in shares) |
|
|
|
|
|
|
|
|
(41,000)
|
1,245,000
|
|
|
|
|
|
|
|
|
|
|
|
Stock issued, restricted stock award, net of shares withheld for taxes |
|
|
|
|
$ (5.9)
|
(59.3)
|
|
|
|
$ 0.2
|
|
|
$ (5.9)
|
(59.5)
|
|
|
|
|
|
|
|
Forfeiture of restricted awards (in shares) |
|
|
|
|
|
|
(10,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forfeiture of restricted awards |
|
0.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock-based compensation expense |
|
206.6
|
|
|
|
|
|
|
|
|
206.6
|
|
|
|
|
|
|
|
|
|
|
Restricted stock units issued as dividend equivalents |
|
0.0
|
|
|
|
|
|
|
|
|
0.2
|
|
|
|
(0.2)
|
|
|
|
|
|
|
Common shares repurchased (shares) |
|
|
|
|
|
|
(6,973,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common shares repurchased |
|
(708.8)
|
|
|
|
|
$ (1.4)
|
|
|
|
(289.3)
|
|
|
|
(418.1)
|
|
|
|
|
|
|
Ending balances (in shares) at Dec. 31, 2019 |
|
|
|
|
|
|
235,214,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balances at Dec. 31, 2019 |
|
7,102.1
|
|
|
|
|
$ 47.0
|
|
|
|
654.6
|
|
|
|
6,443.5
|
|
|
(43.0)
|
|
|
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to redeemable non-controlling interests |
|
117.6
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests |
|
0.4
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net subscriptions into T. Rowe Price investment products |
|
530.3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net deconsolidations of T. Rowe Price investment products |
|
(267.6)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balances attributable to redeemable non-controlling interests at Dec. 31, 2019 |
|
1,121.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
2,372.7
|
|
|
|
|
|
|
|
|
|
|
|
|
2,372.7
|
|
|
|
|
|
|
Other comprehensive income (loss), net of tax |
|
20.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20.0
|
|
|
|
Dividends declared |
|
$ (846.1)
|
|
|
|
|
|
|
|
|
|
|
|
|
(846.1)
|
|
|
|
|
|
|
Common stock-based compensation plans activity: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued upon option exercises (in shares) |
|
3,046,414
|
|
|
|
|
2,194,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued upon option exercises |
|
$ 96.0
|
|
|
|
|
$ 0.5
|
|
|
|
95.5
|
|
|
|
|
|
|
|
|
|
|
Stock issued, restricted stock award, net of shares withheld for taxes (in shares) |
|
|
|
|
|
|
|
|
8,000
|
1,457,000
|
|
|
|
|
|
|
|
|
|
|
|
Stock issued, restricted stock award, net of shares withheld for taxes |
|
|
|
|
|
$ (91.7)
|
|
|
|
$ 0.3
|
|
|
|
$ (92.0)
|
|
|
|
|
|
|
|
Forfeiture of restricted awards (in shares) |
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forfeiture of restricted awards |
|
0.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock-based compensation expense |
|
246.2
|
|
|
|
|
|
|
|
|
246.2
|
|
|
|
|
|
|
|
|
|
|
Restricted stock units issued as dividend equivalents |
|
0.0
|
|
|
|
|
|
|
|
|
0.3
|
|
|
|
(0.3)
|
|
|
|
|
|
|
Common shares repurchased (shares) |
|
|
|
|
|
|
(10,908,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common shares repurchased |
|
(1,192.2)
|
|
|
|
|
$ (2.2)
|
|
|
|
(250.0)
|
|
|
|
(940.0)
|
|
|
|
|
|
|
Ending balances (in shares) at Dec. 31, 2020 |
|
|
|
|
|
|
227,965,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balances at Dec. 31, 2020 |
|
7,707.0
|
|
|
|
|
$ 45.6
|
|
|
|
$ 654.6
|
|
|
|
$ 7,029.8
|
|
|
$ (23.0)
|
|
|
|
Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to redeemable non-controlling interests |
|
150.6
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests |
|
34.9
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net subscriptions into T. Rowe Price investment products |
|
563.3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net deconsolidations of T. Rowe Price investment products |
|
(308.1)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balances attributable to redeemable non-controlling interests at Dec. 31, 2020 |
|
$ 1,561.7
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|