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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 152.7 $ 144.5
Restricted cash 78.7 77.3
Accounts receivable, net 93.2 106.9
Income taxes receivable 0.0 12.6
Other current assets 62.8 59.5
Total current assets 387.4 400.8
Property and equipment, net 2,805.5 2,561.2
Investment in and advances to unconsolidated affiliates 650.2 655.9
Goodwill 900.2 899.9
Other intangible assets, net 2,411.7 2,418.4
Other assets 17.5 19.3
Total assets 7,172.5 6,955.5
Current liabilities:    
Accounts payable 182.4 158.5
Accrued expenses and other current liabilities 430.1 426.8
Income taxes payable 7.1 0.0
Current deferred revenue 26.8 73.2
Current maturities of long-term debt 63.1 68.0
Dividends payable 0.6 29.3
Total current liabilities 710.1 755.8
Long-term debt, net of current maturities and loan origination fees 1,695.7 1,697.1
Notes payable, net of debt issuance costs 3,074.9 3,071.2
Non-current deferred revenue 20.1 11.8
Deferred income taxes 417.8 388.2
Other liabilities 139.0 137.8
Total liabilities 6,057.6 6,061.9
Commitments and contingencies
Redeemable noncontrolling interest 17.9 0.0
Shareholders' equity:    
Preferred stock 0.0 0.0
Common stock 1.7 0.0
Retained earnings 1,096.3 894.5
Accumulated other comprehensive loss (1.0) (0.9)
Total Churchill Downs Incorporated shareholders' equity 1,097.0 893.6
Total liabilities and shareholders' equity $ 7,172.5 $ 6,955.5