2020 Q2 Form 10-Q Financial Statement
#000111316920000031 Filed on July 29, 2020
Income Statement
Concept | 2020 Q2 | 2019 Q2 | 2019 Q1 |
---|---|---|---|
Revenue | $1.415B | $1.395B | $1.327B |
YoY Change | 1.45% | 3.73% | -0.05% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $822.1M | $746.7M | $750.6M |
YoY Change | 10.1% | 4.7% | 6.91% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $48.20M | $44.10M | $41.90M |
YoY Change | 9.3% | 16.67% | 13.55% |
% of Gross Profit | |||
Operating Expenses | $861.7M | $780.1M | $794.8M |
YoY Change | 10.46% | 3.97% | 6.8% |
Operating Profit | $553.7M | $615.1M | $532.5M |
YoY Change | -9.98% | 3.43% | -8.79% |
Interest Expense | $413.1M | $124.5M | $201.9M |
YoY Change | 231.81% | 241.1% | 1228.29% |
% of Operating Profit | 74.61% | 20.24% | 37.92% |
Other Income/Expense, Net | $415.1M | $124.5M | $202.8M |
YoY Change | 233.41% | 265.1% | 1159.63% |
Pretax Income | $968.8M | $739.6M | $735.3M |
YoY Change | 30.99% | 17.62% | 22.57% |
Income Tax | $240.3M | $183.7M | $181.3M |
% Of Pretax Income | 24.8% | 24.84% | 24.66% |
Net Earnings | $603.0M | $527.5M | $512.6M |
YoY Change | 14.31% | 17.51% | 12.98% |
Net Earnings / Revenue | 42.6% | 37.81% | 38.62% |
Basic Earnings Per Share | $2.58 | $2.18 | $2.11 |
Diluted Earnings Per Share | $2.55 | $2.15 | $2.09 |
COMMON SHARES | |||
Basic Shares Outstanding | 227.4M shares | 235.9M shares | 236.6M shares |
Diluted Shares Outstanding | 229.5M shares | 239.2M shares | 239.6M shares |
Balance Sheet
Concept | 2020 Q2 | 2019 Q2 | 2019 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.058B | $1.802B | $1.657B |
YoY Change | 14.21% | 21.43% | -1.43% |
Cash & Equivalents | $2.058B | $1.802B | $1.657B |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $656.0M | $620.0M | $605.0M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $2.714B | $2.422B | $2.262B |
YoY Change | 12.06% | 18.26% | -0.57% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $685.4M | $672.0M | $667.2M |
YoY Change | 1.99% | 2.56% | 2.61% |
Goodwill | $665.7M | $665.7M | $665.7M |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $5.062B | $4.779B | $4.483B |
YoY Change | 5.92% | 10.7% | 24.32% |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $6.763B | $6.490B | $6.197B |
YoY Change | 4.21% | 11.25% | 21.52% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.714B | $2.422B | $2.262B |
Total Long-Term Assets | $6.763B | $6.490B | $6.197B |
Total Assets | $9.477B | $8.912B | $8.459B |
YoY Change | 6.34% | 13.07% | 14.71% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $194.0M | $193.0M | $210.0M |
YoY Change | 0.52% | -12.27% | -12.86% |
Accrued Expenses | $551.0M | $529.0M | $359.0M |
YoY Change | 4.16% | 51.14% | 91.98% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.004B | $774.0M | $767.0M |
YoY Change | 29.72% | 23.64% | 30.44% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $632.0M | $547.0M | $495.0M |
YoY Change | 15.54% | 36.07% | 46.45% |
Total Long-Term Liabilities | $632.0M | $547.0M | $495.0M |
YoY Change | 15.54% | 36.07% | 46.45% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.004B | $774.0M | $767.0M |
Total Long-Term Liabilities | $632.0M | $547.0M | $495.0M |
Total Liabilities | $1.637B | $1.321B | $1.261B |
YoY Change | 23.89% | 28.44% | 36.21% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | $700.0M | $701.7M | $701.8M |
YoY Change | -0.24% | -0.21% | -0.21% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $6.751B | $6.579B | $6.311B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $9.477B | $8.912B | $8.459B |
YoY Change | 6.34% | 13.07% | 14.71% |
Cashflow Statement
Concept | 2020 Q2 | 2019 Q2 | 2019 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $603.0M | $527.5M | $512.6M |
YoY Change | 14.31% | 17.51% | 12.98% |
Depreciation, Depletion And Amortization | $48.20M | $44.10M | $41.90M |
YoY Change | 9.3% | 16.67% | 13.55% |
Cash From Operating Activities | $853.0M | $370.1M | $578.7M |
YoY Change | 130.48% | -9.36% | 11.07% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$59.30M | -$46.80M | $47.70M |
YoY Change | 26.71% | 11.69% | 29.97% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $34.10M | $51.50M | $600.0K |
YoY Change | -33.79% | -113.47% | -133.33% |
Cash From Investing Activities | -$25.20M | $4.700M | -$33.80M |
YoY Change | -636.17% | -101.11% | -93.5% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $184.6M | ||
YoY Change | 5.61% | ||
Common Stock Issuance & Retirement, Net | $231.0M | ||
YoY Change | -20.7% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -318.8M | -195.5M | -$306.0M |
YoY Change | 63.07% | 33.81% | 26.39% |
NET CHANGE | |||
Cash From Operating Activities | 853.0M | 370.1M | $578.7M |
Cash From Investing Activities | -25.20M | 4.700M | -$33.80M |
Cash From Financing Activities | -318.8M | -195.5M | -$306.0M |
Net Change In Cash | 509.0M | 179.3M | $238.2M |
YoY Change | 183.88% | -210.68% | -199.42% |
FREE CASH FLOW | |||
Cash From Operating Activities | $853.0M | $370.1M | $578.7M |
Capital Expenditures | -$59.30M | -$46.80M | $47.70M |
Free Cash Flow | $912.3M | $416.9M | $531.0M |
YoY Change | 118.83% | -7.4% | 9.64% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2020 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001113169 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
PRICE T ROWE GROUP INC | ||
CY2019Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
CY2020Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2019Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.76 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.52 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
919900000 | USD | |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
26800000 | USD | |
CY2020Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
16800000 | USD |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
26200000 | USD | |
CY2019Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.2 | |
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
MD | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
52-2264646 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
100 East Pratt Street | ||
CY2020Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.90 | |
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Baltimore | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.80 | ||
CY2019Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.2 | |
CY2020Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.2 | |
CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000 | shares |
CY2020Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
235214000 | shares |
CY2020Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
226990000 | shares |
CY2019Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
513700000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1013300000 | USD | |
CY2020Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
586200000 | USD |
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
MD | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
21202 | ||
CY2020Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.2 | |
CY2019Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
CY2020Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2020-06-30 | ||
CY2019Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
13800000 | USD |
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
000-32191 | ||
dei |
City Area Code
CityAreaCode
|
410 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
345-2000 | ||
dei |
Security12b Title
Security12bTitle
|
Common stock, $.20 par value per share | ||
dei |
Trading Symbol
TradingSymbol
|
TROW | ||
dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2020Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
226985631 | shares |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2058100000 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1781800000 | USD |
CY2020Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
655700000 | USD |
CY2019Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
646600000 | USD |
CY2020Q2 | us-gaap |
Investments
Investments
|
2900000000.0 | USD |
CY2019Q4 | us-gaap |
Investments
Investments
|
2939800000 | USD |
CY2020Q2 | trow |
Assets Of Voting Interest Entities And Variable Interest Entities
AssetsOfVotingInterestEntitiesAndVariableInterestEntities
|
2161500000 | USD |
CY2019Q4 | trow |
Assets Of Voting Interest Entities And Variable Interest Entities
AssetsOfVotingInterestEntitiesAndVariableInterestEntities
|
2276900000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
131500000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
110800000 | USD |
CY2020Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
685400000 | USD |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
674400000 | USD |
CY2020Q2 | us-gaap |
Goodwill
Goodwill
|
665700000 | USD |
CY2019Q4 | us-gaap |
Goodwill
Goodwill
|
665700000 | USD |
CY2020Q2 | us-gaap |
Other Assets
OtherAssets
|
219400000 | USD |
CY2019Q4 | us-gaap |
Other Assets
OtherAssets
|
234400000 | USD |
CY2020Q2 | us-gaap |
Assets
Assets
|
9477300000 | USD |
CY2019Q4 | us-gaap |
Assets
Assets
|
9330400000 | USD |
CY2020Q2 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
194300000 | USD |
CY2019Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
214500000 | USD |
CY2020Q2 | trow |
Liabilities Of Voting Interest Entities And Variable Interest Entities
LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities
|
54800000 | USD |
CY2019Q4 | trow |
Liabilities Of Voting Interest Entities And Variable Interest Entities
LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities
|
39200000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
166400000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
146300000 | USD |
CY2020Q2 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
384700000 | USD |
CY2019Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
112100000 | USD |
CY2020Q2 | us-gaap |
Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
|
577000000.0 | USD |
CY2019Q4 | us-gaap |
Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
|
563400000 | USD |
CY2020Q2 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
259300000 | USD |
CY2019Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
31800000 | USD |
CY2020Q2 | us-gaap |
Liabilities
Liabilities
|
1636500000 | USD |
CY2019Q4 | us-gaap |
Liabilities
Liabilities
|
1107300000 | USD |
CY2020Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2019Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2020Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
1090100000 | USD |
CY2019Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
1121000000.0 | USD |
CY2020Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2019Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2020Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
45400000 | USD |
CY2019Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
47000000.0 | USD |
CY2020Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
654600000 | USD |
CY2019Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
654600000 | USD |
CY2020Q2 | us-gaap |
Retained Earnings Unappropriated
RetainedEarningsUnappropriated
|
6102900000 | USD |
CY2019Q4 | us-gaap |
Retained Earnings Unappropriated
RetainedEarningsUnappropriated
|
6443500000 | USD |
CY2020Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-52200000 | USD |
CY2019Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-43000000.0 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6750700000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7102100000 | USD |
CY2020Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9477300000 | USD |
CY2019Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9330400000 | USD |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1415400000 | USD |
CY2019Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1395200000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2878000000.0 | USD | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2722500000 | USD | |
CY2020Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
549000000.0 | USD |
CY2019Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
483200000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
989700000 | USD | |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
974700000 | USD | |
CY2020Q2 | trow |
Distribution Expenses
DistributionExpenses
|
62000000.0 | USD |
CY2019Q2 | trow |
Distribution Expenses
DistributionExpenses
|
64400000 | USD |
trow |
Distribution Expenses
DistributionExpenses
|
127700000 | USD | |
trow |
Distribution Expenses
DistributionExpenses
|
130800000 | USD | |
CY2020Q2 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
13400000 | USD |
CY2019Q2 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
19800000 | USD |
us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
38300000 | USD | |
us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
41400000 | USD | |
CY2020Q2 | trow |
Product Related And Client Servicing Expenses
ProductRelatedAndClientServicingExpenses
|
39600000 | USD |
CY2019Q2 | trow |
Product Related And Client Servicing Expenses
ProductRelatedAndClientServicingExpenses
|
33400000 | USD |
trow |
Product Related And Client Servicing Expenses
ProductRelatedAndClientServicingExpenses
|
81200000 | USD | |
trow |
Product Related And Client Servicing Expenses
ProductRelatedAndClientServicingExpenses
|
77600000 | USD | |
CY2019Q2 | trow |
Technology Depreciation Occupancy And Facility Expenses
TechnologyDepreciationOccupancyAndFacilityExpenses
|
104900000 | USD |
trow |
Technology Depreciation Occupancy And Facility Expenses
TechnologyDepreciationOccupancyAndFacilityExpenses
|
216700000 | USD | |
CY2020Q2 | trow |
Technology Depreciation Occupancy And Facility Expenses
TechnologyDepreciationOccupancyAndFacilityExpenses
|
111300000 | USD |
trow |
Technology Depreciation Occupancy And Facility Expenses
TechnologyDepreciationOccupancyAndFacilityExpenses
|
203000000.0 | USD | |
CY2020Q2 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
86400000 | USD |
CY2019Q2 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
74400000 | USD |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
163500000 | USD | |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
147400000 | USD | |
CY2020Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
861700000 | USD |
CY2019Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
780100000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
1617100000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
1574900000 | USD | |
CY2020Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
553700000 | USD |
CY2019Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
615100000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1260900000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1147600000 | USD | |
CY2020Q2 | trow |
Investment Income Nonoperating Other Than Consolidated Sponsored Investment Portfolios
InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios
|
170600000 | USD |
CY2019Q2 | trow |
Investment Income Nonoperating Other Than Consolidated Sponsored Investment Portfolios
InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios
|
61800000 | USD |
trow |
Investment Income Nonoperating Other Than Consolidated Sponsored Investment Portfolios
InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios
|
16000000.0 | USD | |
trow |
Investment Income Nonoperating Other Than Consolidated Sponsored Investment Portfolios
InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios
|
161900000 | USD | |
CY2020Q2 | trow |
Investment Income Nonoperating Consolidated Sponsored Investment Portfolios
InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios
|
242500000 | USD |
CY2019Q2 | trow |
Investment Income Nonoperating Consolidated Sponsored Investment Portfolios
InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios
|
62800000 | USD |
trow |
Investment Income Nonoperating Consolidated Sponsored Investment Portfolios
InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios
|
-87800000 | USD | |
trow |
Investment Income Nonoperating Consolidated Sponsored Investment Portfolios
InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios
|
164700000 | USD | |
CY2020Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2000000.0 | USD |
CY2019Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-100000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-13400000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
700000 | USD | |
CY2020Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
415100000 | USD |
CY2019Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
124500000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-85200000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
327300000 | USD | |
CY2020Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
968800000 | USD |
CY2019Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
739600000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1175700000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1474900000 | USD | |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
240300000 | USD |
CY2019Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
183700000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
280600000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
365000000.0 | USD | |
CY2020Q2 | us-gaap |
Profit Loss
ProfitLoss
|
728500000 | USD |
CY2019Q2 | us-gaap |
Profit Loss
ProfitLoss
|
555900000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
895100000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
1109900000 | USD | |
CY2020Q2 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
125500000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
28400000 | USD |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-51000000.0 | USD | |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
69800000 | USD | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
603000000.0 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
527500000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
946100000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1040100000 | USD | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.58 | |
CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.18 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.99 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.29 | ||
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.55 | |
CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.15 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.95 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.23 | ||
CY2020Q2 | us-gaap |
Profit Loss
ProfitLoss
|
728500000 | USD |
CY2019Q2 | us-gaap |
Profit Loss
ProfitLoss
|
555900000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
895100000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
1109900000 | USD | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
6500000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
5100000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-18800000 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
4100000 | USD | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-700000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
1000000.0 | USD |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-2700000 | USD | |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
900000 | USD | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
7200000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
4100000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-16100000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3200000 | USD | |
CY2020Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
735700000 | USD |
CY2019Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
560000000.0 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
879000000.0 | USD | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1113100000 | USD | |
CY2020Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
135800000 | USD |
CY2019Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
29400000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-57900000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
69500000 | USD | |
CY2020Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
599900000 | USD |
CY2019Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
530600000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
936900000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1043600000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
895100000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
1109900000 | USD | |
us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
94300000 | USD | |
us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
86000000.0 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
111600000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
90700000 | USD | |
trow |
Net Gains Losses Recognizedon Investments
NetGainsLossesRecognizedonInvestments
|
-3400000 | USD | |
trow |
Net Gains Losses Recognizedon Investments
NetGainsLossesRecognizedonInvestments
|
124400000 | USD | |
us-gaap |
Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
|
-10000000.0 | USD | |
us-gaap |
Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
|
-19300000 | USD | |
trow |
Increase Decrease In Trading Securities Consolidated Sponsored Investment Portfolios
IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios
|
-40800000 | USD | |
trow |
Increase Decrease In Trading Securities Consolidated Sponsored Investment Portfolios
IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios
|
444000000.0 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-505500000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-249900000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1640700000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
948800000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
237100000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
34900000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
347900000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
103800000 | USD | |
trow |
Net Cash Flow For Consolidation Deconsolidation Of Sponsored Investment Portfolios
NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios
|
-9200000 | USD | |
trow |
Net Cash Flow For Consolidation Deconsolidation Of Sponsored Investment Portfolios
NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios
|
-5100000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
105300000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
94500000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-6100000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-1600000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2400000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-29100000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1027100000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
402800000 | USD | |
trow |
Proceeds From Stock Options Exercised Net Of Payments For Repurchase Of Common Stock For Employee Tax Withholding Obligations And Strike Price
ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice
|
54000000.0 | USD | |
trow |
Proceeds From Stock Options Exercised Net Of Payments For Repurchase Of Common Stock For Employee Tax Withholding Obligations And Strike Price
ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice
|
78800000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
425700000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
367800000 | USD | |
us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
87700000 | USD | |
us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
190300000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1311100000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-501500000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-7400000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-400000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
324600000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
417800000 | USD | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1858300000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1495300000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2182900000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1913100000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6434000000.0 | USD |
CY2020Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
971000000.0 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
603000000.0 | USD |
CY2020Q2 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
125500000 | USD |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-3100000 | USD |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
10300000 | USD |
CY2020Q2 | us-gaap |
Dividends Cash
DividendsCash
|
210300000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
15900000 | USD |
CY2020Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
53300000 | USD |
CY2020Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
141800000 | USD |
CY2020Q2 | trow |
Subscription From Redemption Distribution To Noncontrolling Interest
SubscriptionFromRedemptionDistributionToNoncontrollingInterest
|
26100000 | USD |
CY2020Q2 | trow |
Noncontrolling Interest Increase Decrease From Reconsolidation Deconsolidation
NoncontrollingInterestIncreaseDecreaseFromReconsolidationDeconsolidation
|
-42800000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6750700000 | USD |
CY2020Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
1090100000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6311000000.0 | USD |
CY2019Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
886700000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
527500000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
28400000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
3100000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
1000000.0 | USD |
CY2019Q2 | us-gaap |
Dividends Cash
DividendsCash
|
183400000 | USD |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
37800000 | USD |
CY2019Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
47200000 | USD |
CY2019Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
163800000 | USD |
CY2019Q2 | trow |
Subscription From Redemption Distribution To Noncontrolling Interest
SubscriptionFromRedemptionDistributionToNoncontrollingInterest
|
125700000 | USD |
CY2019Q2 | trow |
Noncontrolling Interest Increase Decrease From Reconsolidation Deconsolidation
NoncontrollingInterestIncreaseDecreaseFromReconsolidationDeconsolidation
|
-29500000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6579100000 | USD |
CY2019Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
1012300000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7102100000 | USD |
CY2019Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
1121000000.0 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
946100000 | USD | |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-51000000.0 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-9200000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-6900000 | USD | |
us-gaap |
Dividends Cash
DividendsCash
|
425100000 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
57200000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
111600000 | USD | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
1028700000 | USD | |
trow |
Subscription From Redemption Distribution To Noncontrolling Interest
SubscriptionFromRedemptionDistributionToNoncontrollingInterest
|
89900000 | USD | |
trow |
Noncontrolling Interest Increase Decrease From Reconsolidation Deconsolidation
NoncontrollingInterestIncreaseDecreaseFromReconsolidationDeconsolidation
|
-62900000 | USD | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6750700000 | USD |
CY2020Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
1090100000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6124300000 | USD |
CY2018Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
740300000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1040100000 | USD | |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
69800000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
3500000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-300000 | USD | |
us-gaap |
Dividends Cash
DividendsCash
|
367200000 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
82800000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
90700000 | USD | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
393600000 | USD | |
trow |
Subscription From Redemption Distribution To Noncontrolling Interest
SubscriptionFromRedemptionDistributionToNoncontrollingInterest
|
211600000 | USD | |
trow |
Noncontrolling Interest Increase Decrease From Reconsolidation Deconsolidation
NoncontrollingInterestIncreaseDecreaseFromReconsolidationDeconsolidation
|
-9100000 | USD | |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6579100000 | USD |
CY2019Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
1012300000 | USD |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1415400000 | USD |
CY2019Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1395200000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2878000000.0 | USD | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2722500000 | USD | |
CY2020Q2 | us-gaap |
Assets Under Management Average Balance
AssetsUnderManagementAverageBalance
|
1140200000000 | USD |
CY2019Q2 | us-gaap |
Assets Under Management Average Balance
AssetsUnderManagementAverageBalance
|
1099800000000 | USD |
us-gaap |
Assets Under Management Average Balance
AssetsUnderManagementAverageBalance
|
1151400000000 | USD | |
us-gaap |
Assets Under Management Average Balance
AssetsUnderManagementAverageBalance
|
1071800000000 | USD | |
CY2020Q2 | us-gaap |
Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
|
1220000000000.0 | USD |
CY2019Q4 | us-gaap |
Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
|
1206800000000 | USD |
CY2020Q2 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
1000000.0 | USD |
CY2019Q4 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
1000000.0 | USD |
CY2020Q2 | us-gaap |
Investments
Investments
|
2900000000.0 | USD |
CY2019Q4 | us-gaap |
Investments
Investments
|
2939800000 | USD |
CY2020Q2 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
125500000 | USD |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
21900000 | USD | |
CY2019Q2 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
28700000 | USD |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
79300000 | USD | |
CY2020Q2 | trow |
Unsettled Common Stock Repurchases Liabilities
UnsettledCommonStockRepurchasesLiabilities
|
10600000 | USD |
CY2019Q4 | trow |
Unsettled Common Stock Repurchases Liabilities
UnsettledCommonStockRepurchasesLiabilities
|
12200000 | USD |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
7388068 | shares |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
71.06 | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1944942 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
68.29 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
5457 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
74.09 | ||
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5437669 | shares |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
72.05 | |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
4772891 | shares |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
71.52 | |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
98.75 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
116.08 | ||
trow |
Sharebased Compensation Arrangement By Sharebased Payment Award Nonvested Dividend Equivalents Granted To Non Employee Directors Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardNonvestedDividendEquivalentsGrantedToNonEmployeeDirectorsWeightedAverageGrantDateFairValue
|
110.74 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
97.44 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
96.82 | ||
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
98.91 | |
CY2020Q2 | trow |
Employee Service Sharebased Compensation Nonvested Awards Compensation Cost To Be Recognized Quarter Three Of Fiscal Year
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfFiscalYear
|
53600000 | USD |
CY2020Q2 | trow |
Employee Service Sharebased Compensation Nonvested Awards Compensation Cost To Be Recognized Quarter Four Of Fiscal Year
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfFiscalYear
|
46700000 | USD |
CY2020Q2 | trow |
Employee Service Sharebased Compensation Nonvested Awards Compensation Cost To Be Recognized Next Fiscal Year
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear
|
108700000 | USD |
CY2020Q2 | trow |
Employee Service Sharebased Compensation Nonvested Awards Compensation Cost To Be Recognized From Second Fiscal Yearto Vesting
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting
|
90000000.0 | USD |
CY2020Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
299000000.0 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
603000000.0 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
527500000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
946100000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1040100000 | USD | |
CY2020Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
16800000 | USD |
CY2019Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
13800000 | USD |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
26200000 | USD | |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
26800000 | USD | |
CY2020Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
586200000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
513700000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
919900000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1013300000 | USD | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
227400000 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
235900000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
230700000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
236200000 | shares | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
229500000 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
239200000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
233100000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
239400000 | shares | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
10300000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
1000000.0 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-6900000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-300000 | USD |