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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Restricted stock units
Total stockholders’ equity attributable to T. Rowe Price Group, Inc.
Total stockholders’ equity attributable to T. Rowe Price Group, Inc.
Restricted stock units
Common stock
Common stock
Restricted shares
Common stock
Restricted stock units
Additional capital in excess of par value
Additional capital in excess of par value
Restricted stock units
Retained earnings
AOCI
[1]
Non-controlling interests in consolidated entities
Beginning balances (in shares) at Dec. 31, 2019         235,214,000              
Beginning balances at Dec. 31, 2019 $ 7,102.1   $ 7,102.1   $ 47.0     $ 654.6   $ 6,443.5 $ (43.0) $ 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) 2,372.7   2,372.7             2,372.7    
Other comprehensive loss, net of tax 20.0   20.0               20.0  
Dividends declared (846.1)   (846.1)             (846.1)    
Common stock-based compensation plans activity:                        
Shares issued upon option exercises (in shares)         2,194,000              
Shares issued upon option exercises 96.0   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)   $ (91.7)     $ 0.3   $ (92.0)      
Stock-based compensation expense 246.2   246.2         246.2        
Restricted stock units issued as dividend equivalents 0.0   0.0         0.3   (0.3)    
Common shares repurchased (in shares)         (10,908,000)              
Common shares repurchased (1,192.2)   (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   7,707.0   $ 45.6     654.6   7,029.8 (23.0) 0.0
Beginning balances attributable to redeemable non-controlling interests at Dec. 31, 2019 1,121.0                      
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/ redemption from T. Rowe Price investment products 563.3                      
Net deconsolidations of sponsored investment products (308.1)                      
Ending balances attributable to redeemable non-controlling interests at Dec. 31, 2020 1,561.7                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) 3,082.9   3,082.9             3,082.9    
Other comprehensive loss, net of tax (3.5)   (3.5)               (3.5)  
Dividends declared (1,003.5)   (1,003.5)             (1,003.5)    
Special cash dividend declared ($3.00 per share) (699.5)   (699.5)             (699.5)    
Common stock-based compensation plans activity:                        
Shares issued upon option exercises (in shares)         1,206,000              
Shares issued upon option exercises 47.0   47.0   $ 0.2     46.8        
Stock issued, restricted stock award, net of shares withheld for taxes (in shares)           6,000 1,492,000          
Stock issued, restricted stock award, net of shares withheld for taxes   (127.7)   (127.7)     $ 0.3   (128.0)      
Stock-based compensation expense 274.6   274.6         274.6        
Restricted stock units issued as dividend equivalents (0.1)   (0.1)         0.6   (0.7)    
Common shares repurchased (in shares)         (5,941,000)              
Common shares repurchased (1,136.0)   (1,136.0)   $ (1.2)     (809.4)   (325.4)    
Common shares issued for acquisition (in shares)         4,447,000              
Common shares issued for acquisition   881.5   881.5     $ 0.9   880.6      
Non-controlling interests 248.7                     248.7
Ending balances (in shares) at Dec. 31, 2021         229,175,000              
Ending balances at Dec. 31, 2021 9,271.4   9,022.7   $ 45.8     919.8   8,083.6 (26.5) 248.7
Increase (Decrease) in Temporary Equity [Roll Forward]                        
Net income attributable to redeemable non-controlling interests 15.6                      
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (26.2)                      
Net subscriptions into/ redemption from T. Rowe Price investment products (67.7)                      
Net deconsolidations of sponsored investment products (501.1)                      
Ending balances attributable to redeemable non-controlling interests at Dec. 31, 2021 982.3                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) 1,557.9   1,557.9             1,557.9   (22.9)
Net income (loss) 1,535.0                      
Other comprehensive loss, net of tax (26.5)   (26.5)               (26.5)  
Dividends declared $ (1,108.7)   (1,108.7)             (1,108.7)    
Common stock-based compensation plans activity:                        
Shares issued upon option exercises (in shares) 628,073       522,000              
Shares issued upon option exercises $ 28.3   28.3   $ 0.1     28.2        
Stock issued, restricted stock award, net of shares withheld for taxes (in shares)           9,000 1,355,000          
Stock issued, restricted stock award, net of shares withheld for taxes   $ (64.3)   $ (64.3)     $ 0.3   $ (64.6)      
Stock-based compensation expense 285.4   285.4         285.4        
Restricted stock units issued as dividend equivalents (in shares)         0              
Restricted stock units issued as dividend equivalents 0.0   0.0         0.5   (0.5)    
Common shares repurchased (in shares)         (6,751,000)              
Common shares repurchased (855.3)   (855.3)   $ (1.3)     (731.4)   (122.6)    
Net distributions to non-controlling interests in consolidated entities (35.1)   0.0                 (35.1)
Ending balances (in shares) at Dec. 31, 2022         224,310,000              
Ending balances at Dec. 31, 2022 9,030.2   $ 8,839.5   $ 44.9     $ 437.9   $ 8,409.7 $ (53.0) $ 190.7
Increase (Decrease) in Temporary Equity [Roll Forward]                        
Net income attributable to redeemable non-controlling interests (108.3)                      
Other comprehensive income (loss), net of tax, attributable to redeemable non-controlling interests (21.0)                      
Net subscriptions into/ redemption from T. Rowe Price investment products (49.3)                      
Net deconsolidations of sponsored investment products (147.0)                      
Ending balances attributable to redeemable non-controlling interests at Dec. 31, 2022 $ 656.7                      
[1] Accumulated other comprehensive income