Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 96.2	$ 133.3
Restricted cash	46.3	40.0
Accounts receivable, net of allowance for doubtful accounts of $4.4 in 2019 and $4.0 in 2018	37.3	28.8
Income taxes receivable	14.5	17.0
Other current assets	26.9	22.4
Total current assets	221.2	241.5
Property and equipment, net	912.5	757.5
Property and equipment, net	937.3
Investment in and advances to unconsolidated affiliates	634.5	108.1
Goodwill	367.1	338.0
Other intangible assets, net	369.8	264.0
Other assets	21.1	16.1
Total assets	2,551.0	1,725.2
Current liabilities:
Accounts payable	57.8	47.0
Accrued expenses and other current liabilities	173.4	135.2
Current deferred revenue	42.5	47.9
Current maturities of long-term debt	4.0	4.0
Dividends payable	23.5	22.5
Total current liabilities	301.2	256.6
Long-term debt (net of current maturities and loan origination fees of $4.0 in 2019 and $4.7 in 2018)	384.0	387.3
Notes payable (net of debt issuance costs of $14.1 in 2019 and $7.0 in 2018)	1,085.9	493.0
Non-current deferred revenue	16.7	21.1
Deferred income taxes	212.8	78.2
Other liabilities	39.4	15.7
Total liabilities	2,040.0	1,251.9
Commitments and contingencies
Shareholders' equity:
Preferred stock, no par value; 0.3 shares authorized; no shares issued or outstanding	0.0	0.0
Common stock, no par value; 150.0 shares authorized; 39.7 shares issued and outstanding in 2019 and 40.4 in 2018	0.0	0.0
Retained earnings	509.2	474.2
Accumulated other comprehensive loss	(0.9)	(0.9)
Total Churchill Downs Incorporated shareholders' equity	508.3	473.3
Noncontrolling interest	2.7	0.0
Total shareholders' equity	511.0	473.3
Total liabilities and shareholders' equity	$ 2,551.0	$ 1,725.2