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EARNINGS PER SHARE CALCULATIONS (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Earnings per share reconciliation
The following table presents the reconciliation of net income attributable to T. Rowe Price to net income allocated to our common stockholders and the weighted-average shares that are used in calculating the basic and diluted earnings per share on our common stock. Weighted-average common shares outstanding assuming dilution reflects the potential dilution, determined using the treasury stock method, that could occur if outstanding stock options were exercised and non-participating stock awards vested. No outstanding stock options had an anti-dilutive impact on the diluted earnings per common share calculation in the periods presented.
 Three months endedNine months ended
(in millions)9/30/20219/30/20209/30/20219/30/2020
Net income attributable to T. Rowe Price$777.2 $643.2 $2,342.3 $1,589.3 
Less: net income allocated to outstanding restricted stock and stock unit holders19.5 17.9 61.6 44.1 
Net income allocated to common stockholders$757.7 $625.3 $2,280.7 $1,545.2 
Weighted-average common shares
Outstanding226.9 227.0 227.2 229.5 
Outstanding assuming dilution229.1 229.4 229.4 231.9