2023 Q4 Form 10-Q Financial Statement
#000111316923000044 Filed on October 27, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $1.642B | $1.671B |
YoY Change | 7.73% | 5.19% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $1.155B | $964.1M |
YoY Change | 11.43% | 4.39% |
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $73.20M | $63.70M |
YoY Change | 22.61% | -41.29% |
% of Gross Profit | ||
Operating Expenses | $1.223B | $1.089B |
YoY Change | 10.76% | 7.48% |
Operating Profit | $581.3M | |
YoY Change | 1.17% | |
Interest Expense | $260.7M | $5.600M |
YoY Change | 85.16% | -106.73% |
% of Operating Profit | 0.96% | |
Other Income/Expense, Net | -$1.000M | $2.800M |
YoY Change | -80.39% | -103.38% |
Pretax Income | $646.9M | $584.1M |
YoY Change | 66.38% | 18.77% |
Income Tax | $173.3M | $144.9M |
% Of Pretax Income | 26.79% | 24.81% |
Net Earnings | $425.9M | $453.2M |
YoY Change | 64.12% | 17.9% |
Net Earnings / Revenue | 25.94% | 27.13% |
Basic Earnings Per Share | $1.98 | |
Diluted Earnings Per Share | $1.90 | $1.97 |
COMMON SHARES | ||
Basic Shares Outstanding | 223.5M shares | 224.3M shares |
Diluted Shares Outstanding | 224.8M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $2.067B | $2.579B |
YoY Change | 17.71% | 8.99% |
Cash & Equivalents | $2.067B | $2.579B |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $807.9M | $752.0M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.875B | $3.331B |
YoY Change | 14.78% | 7.19% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.048B | $799.1M |
YoY Change | 1.22% | 6.15% |
Goodwill | $2.643B | $2.643B |
YoY Change | 0.0% | -0.36% |
Intangibles | $507.3M | $542.4M |
YoY Change | -19.45% | -34.81% |
Long-Term Investments | $4.514B | $4.282B |
YoY Change | 8.97% | 13.75% |
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $9.404B | $9.226B |
YoY Change | 2.9% | 3.83% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.875B | $3.331B |
Total Long-Term Assets | $9.404B | $9.226B |
Total Assets | $12.28B | $12.56B |
YoY Change | 5.46% | 4.7% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $320.1M | $299.0M |
YoY Change | -21.29% | -21.89% |
Accrued Expenses | $549.3M | $1.044B |
YoY Change | -1.49% | 2.24% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $89.40M | $96.00M |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $1.025B | $1.481B |
YoY Change | 1.46% | 2.69% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $1.988B | $893.0M |
YoY Change | 1.59% | 4.36% |
Total Long-Term Liabilities | $1.988B | $893.0M |
YoY Change | 1.59% | 4.36% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.025B | $1.481B |
Total Long-Term Liabilities | $1.988B | $893.0M |
Total Liabilities | $2.774B | $2.375B |
YoY Change | -1.07% | 3.36% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | $476.5M | $526.7M |
YoY Change | -1.3% | -3.2% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $9.505B | $9.400B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $12.28B | $12.56B |
YoY Change | 5.46% | 4.7% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $425.9M | $453.2M |
YoY Change | 64.12% | 17.9% |
Depreciation, Depletion And Amortization | $73.20M | $63.70M |
YoY Change | 22.61% | -41.29% |
Cash From Operating Activities | -$157.4M | $470.0M |
YoY Change | 16.42% | -38.77% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $81.90M | $93.60M |
YoY Change | 35.6% | -272.06% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$135.9M | $267.6M |
YoY Change | -253.73% | 2424.53% |
Cash From Investing Activities | $90.10M | $174.0M |
YoY Change | 221.79% | -497.26% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -461.4M | -297.2M |
YoY Change | 0.26% | -38.81% |
NET CHANGE | ||
Cash From Operating Activities | -157.4M | 470.0M |
Cash From Investing Activities | 90.10M | 174.0M |
Cash From Financing Activities | -461.4M | -297.2M |
Net Change In Cash | -528.7M | 346.8M |
YoY Change | -6.82% | 45.65% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$157.4M | $470.0M |
Capital Expenditures | $81.90M | $93.60M |
Free Cash Flow | -$239.3M | $376.4M |
YoY Change | 22.34% | -54.21% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-3100000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-31100000 | usd |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
15400000 | usd | |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-82700000 | usd | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2300000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-28200000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
14500000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-74600000 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
436900000 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
329600000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1376600000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1085400000 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-17900000 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-45700000 | usd |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
18700000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-176500000 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
454800000 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
375300000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1357900000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1261900000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
1362100000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
1160000000 | usd | |
trow |
Depreciation Amortization And Impairment Of Property Equipment And Software
DepreciationAmortizationAndImpairmentOfPropertyEquipmentAndSoftware
|
181600000 | usd | |
trow |
Amortization Of Acquisition Related Assets And Retention Arrangements
AmortizationOfAcquisitionRelatedAssetsAndRetentionArrangements
|
165600000 | usd | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-72800000 | usd | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-125700000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
169700000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
185700000 | usd | |
trow |
Net Gains Losses Recognized On Investments
NetGainsLossesRecognizedOnInvestments
|
300400000 | usd | |
trow |
Net Gains Losses Recognized On Investments
NetGainsLossesRecognizedOnInvestments
|
-384500000 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
35800000 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
47700000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
370700000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
160800000 | usd | |
trow |
Net Cash Flow For Consolidation Deconsolidation Of Sponsored Investment Portfolios
NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios
|
-35600000 | usd | |
trow |
Net Cash Flow For Consolidation Deconsolidation Of Sponsored Investment Portfolios
NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios
|
-8700000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
226000000.0 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
177200000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
141200000 | usd | |
trow |
Proceeds From Stock Options Exercised Net Of Payments For Repurchase Of Common Stock For Employee Tax Withholding Obligations And Strike Price
ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice
|
25500000 | usd | |
trow |
Proceeds From Stock Options Exercised Net Of Payments For Repurchase Of Common Stock For Employee Tax Withholding Obligations And Strike Price
ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice
|
13800000 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
842000000.0 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
832400000 | usd | |
trow |
Net Contributions From Distributions To Non Controlling Interests In Consolidated Entities
NetContributionsFromDistributionsToNonControllingInterestsInConsolidatedEntities
|
-3200000 | usd | |
trow |
Net Contributions From Distributions To Non Controlling Interests In Consolidated Entities
NetContributionsFromDistributionsToNonControllingInterestsInConsolidatedEntities
|
-8400000 | usd | |
trow |
Net Subscriptions Redemptions Received From Redeemable Non Controlling Interest Holders
NetSubscriptionsRedemptionsReceivedFromRedeemableNonControllingInterestHolders
|
343700000 | usd | |
trow |
Net Subscriptions Redemptions Received From Redeemable Non Controlling Interest Holders
NetSubscriptionsRedemptionsReceivedFromRedeemableNonControllingInterestHolders
|
-61800000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-617200000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1616700000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
795600000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
820200000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1874700000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1624200000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9465900000 | usd |
CY2023Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
985200000 | usd |
CY2023Q3 | trow |
Net Income Loss Excluding Noncontrolling Interest In Consolidated Entities
NetIncomeLossExcludingNoncontrollingInterestInConsolidatedEntities
|
473100000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-14000000.0 | usd |
trow |
Depreciation Amortization And Impairment Of Property Equipment And Software
DepreciationAmortizationAndImpairmentOfPropertyEquipmentAndSoftware
|
166000000.0 | usd | |
trow |
Amortization Of Acquisition Related Assets And Retention Arrangements
AmortizationOfAcquisitionRelatedAssetsAndRetentionArrangements
|
158400000 | usd | |
us-gaap |
Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
|
101300000 | usd | |
us-gaap |
Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
|
33800000 | usd | |
trow |
Increase Decrease In Trading Securities Consolidated Sponsored Investment Portfolios
IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios
|
779900000 | usd | |
trow |
Increase Decrease In Trading Securities Consolidated Sponsored Investment Portfolios
IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios
|
-291000000.0 | usd | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-549300000 | usd | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-240900000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1376500000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2494600000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1800000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11800000 | usd | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1600000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-3900000 | usd |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.22 | |
CY2023Q3 | us-gaap |
Dividends Cash
DividendsCash
|
279900000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
13600000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
54200000 | usd |
CY2023Q3 | us-gaap |
Dividends Sharebased Compensation Paid In Kind
DividendsSharebasedCompensationPaidInKind
|
0 | usd |
CY2023Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
106200000 | usd |
CY2023Q3 | trow |
Noncontrolling Interest Net Decrease From Distributions To Noncontrolling Interest Holders
NoncontrollingInterestNetDecreaseFromDistributionsToNoncontrollingInterestHolders
|
500000 | usd |
CY2023Q3 | trow |
Subscription From Redemption Distribution To Noncontrolling Interest
SubscriptionFromRedemptionDistributionToNoncontrollingInterest
|
59000000.0 | usd |
CY2023Q3 | trow |
Temporary Equity Decrease Due To Deconsolidation
TemporaryEquityDecreaseDueToDeconsolidation
|
466100000 | usd |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
223540000 | shares |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9621400000 | usd |
CY2023Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
560200000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9173000000 | usd |
CY2022Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
564600000 | usd |
CY2022Q3 | trow |
Net Income Loss Excluding Noncontrolling Interest In Consolidated Entities
NetIncomeLossExcludingNoncontrollingInterestInConsolidatedEntities
|
384500000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-26600000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-9100000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-19100000 | usd |
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.20 | |
CY2022Q3 | us-gaap |
Dividends Cash
DividendsCash
|
276400000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
6400000 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
62800000 | usd |
CY2022Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
224500000 | usd |
CY2022Q3 | trow |
Noncontrolling Interest Net Decrease From Distributions To Noncontrolling Interest Holders
NoncontrollingInterestNetDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1900000 | usd |
CY2022Q3 | trow |
Subscription From Redemption Distribution To Noncontrolling Interest
SubscriptionFromRedemptionDistributionToNoncontrollingInterest
|
19200000 | usd |
CY2022Q3 | trow |
Temporary Equity Increase Due To Consolidation
TemporaryEquityIncreaseDueToConsolidation
|
42700000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9114500000 | usd |
CY2022Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
580800000 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
224310000 | shares |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9030200000 | usd |
CY2022Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
656700000 | usd |
trow |
Net Income Loss Excluding Noncontrolling Interest In Consolidated Entities
NetIncomeLossExcludingNoncontrollingInterestInConsolidatedEntities
|
1385100000 | usd | |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
11000000.0 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
6800000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
7700000 | usd | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
3.66 | ||
us-gaap |
Dividends Cash
DividendsCash
|
841100000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
28500000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
169700000 | usd | |
us-gaap |
Dividends Sharebased Compensation Paid In Kind
DividendsSharebasedCompensationPaidInKind
|
0 | usd | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
151400000 | usd | |
trow |
Noncontrolling Interest Net Decrease From Distributions To Noncontrolling Interest Holders
NoncontrollingInterestNetDecreaseFromDistributionsToNoncontrollingInterestHolders
|
3200000 | usd | |
trow |
Subscription From Redemption Distribution To Noncontrolling Interest
SubscriptionFromRedemptionDistributionToNoncontrollingInterest
|
345000000.0 | usd | |
trow |
Temporary Equity Decrease Due To Deconsolidation
TemporaryEquityDecreaseDueToDeconsolidation
|
460200000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9621400000 | usd |
CY2023Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
560200000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9271400000 | usd |
CY2021Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
982300000 | usd |
trow |
Net Income Loss Excluding Noncontrolling Interest In Consolidated Entities
NetIncomeLossExcludingNoncontrollingInterestInConsolidatedEntities
|
1258600000 | usd | |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-131900000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-30000000.0 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-44600000 | usd | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
3.60 | ||
us-gaap |
Dividends Cash
DividendsCash
|
832700000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
17800000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
185700000 | usd | |
us-gaap |
Dividends Sharebased Compensation Paid In Kind
DividendsSharebasedCompensationPaidInKind
|
0 | usd | |
trow |
Noncontrolling Interest Net Decrease From Distributions To Noncontrolling Interest Holders
NoncontrollingInterestNetDecreaseFromDistributionsToNoncontrollingInterestHolders
|
8400000 | usd | |
trow |
Temporary Equity Decrease Due To Deconsolidation
TemporaryEquityDecreaseDueToDeconsolidation
|
175400000 | usd | |
CY2023Q3 | us-gaap |
Minority Interest
MinorityInterest
|
221500000 | usd |
CY2022Q4 | us-gaap |
Minority Interest
MinorityInterest
|
190700000 | usd |
CY2023Q3 | us-gaap |
Investments
Investments
|
2503600000 | usd |
CY2022Q4 | us-gaap |
Investments
Investments
|
2539200000 | usd |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
28900000 | usd | |
CY2023Q3 | us-gaap |
Goodwill
Goodwill
|
2642800000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
2642800000 | usd |
CY2023Q3 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
3185200000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
3272600000 | usd |
CY2022Q3 | us-gaap |
Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
|
27100000 | usd |
us-gaap |
Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
|
81400000 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd | |
CY2023Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2218506 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
74.31 | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
621808 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
71.26 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1596698 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
75.50 | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1596698 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
75.50 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
142.37 | |
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
|
110.07 | ||
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
|
108.48 | ||
trow |
Sharebased Compensation Arrangement By Sharebased Payment Award Nonvested Dividend Equivalents Granted To Non Employee Directors Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardNonvestedDividendEquivalentsGrantedToNonEmployeeDirectorsWeightedAverageGrantDateFairValue
|
110.78 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
140.97 | ||
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
142.43 | |
CY2023Q3 | trow |
Employee Service Sharebased Compensation Nonvested Awards Compensation Cost To Be Recognized Quarter Four Of Fiscal Year
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfFiscalYear
|
51000000.0 | usd |
CY2023Q3 | trow |
Employee Service Sharebased Compensation Nonvested Awards Compensation Cost To Be Recognized Next Fiscal Year
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear
|
122500000 | usd |
CY2023Q3 | trow |
Employee Service Share Based Compensation Nonvested Awards Compensation Cost To Be Recognized From Second Fiscal Year To Vesting
EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYearToVesting
|
97100000 | usd |
CY2023Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
270600000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-3900000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
7700000 | usd | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
453200000 | usd |
CY2023Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
10600000 | usd |
CY2023Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
10600000 | usd |
CY2022Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
9200000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
442600000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
442600000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
375200000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
375200000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1262300000 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
224100000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
224800000 | shares |