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Condensed Consolidated Statements of Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Shares outstanding, beginning (in shares) at Dec. 31, 2022   74.8    
Shareholders' equity, beginning at Dec. 31, 2022 $ 551.5 $ 0.0 $ 552.4 $ (0.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 155.7   155.7  
Issuance of common stock (in shares)   0.2    
Taxes paid related to net share settlement of stock awards (in shares)   (0.1)    
Taxes paid related to net share settlement of stock awards (11.3) $ (8.6) (2.7)  
Stock-based compensation 8.6 $ 8.6    
Other (0.3)   (0.3)  
Shares outstanding, ending (in shares) at Mar. 31, 2023   74.9    
Shareholders' equity, ending at Mar. 31, 2023 704.2 $ 0.0 705.1 (0.9)
Shares outstanding, beginning (in shares) at Dec. 31, 2022   74.8    
Shareholders' equity, beginning at Dec. 31, 2022 551.5 $ 0.0 552.4 (0.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 359.7      
Shares outstanding, ending (in shares) at Sep. 30, 2023   74.6    
Shareholders' equity, ending at Sep. 30, 2023 888.7 $ 0.0 889.6 (0.9)
Shares outstanding, beginning (in shares) at Mar. 31, 2023   74.9    
Shareholders' equity, beginning at Mar. 31, 2023 704.2 $ 0.0 705.1 (0.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 143.0   143.0  
Taxes paid related to net share settlement of stock awards (0.1) (0.1)    
Stock-based compensation 8.1 $ 8.1    
Other (1.4)   (1.4)  
Shares outstanding, ending (in shares) at Jun. 30, 2023   74.9    
Shareholders' equity, ending at Jun. 30, 2023 853.8 $ 8.0 846.7 (0.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 61.0   61.0  
Issuance of common stock 3.1 $ 3.1    
Repurchase of common stock (in shares)   (0.3)    
Repurchase of common stock (37.3) $ (19.2) (18.1)  
Stock-based compensation 8.1 $ 8.1    
Shares outstanding, ending (in shares) at Sep. 30, 2023   74.6    
Shareholders' equity, ending at Sep. 30, 2023 888.7 $ 0.0 889.6 (0.9)
Shares outstanding, beginning (in shares) at Dec. 31, 2023   74.5    
Shareholders' equity, beginning at Dec. 31, 2023 893.6 $ 0.0 894.5 (0.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 80.4   80.4  
Issuance of common stock (in shares)   0.3    
Repurchase of common stock (in shares)   (1.2)    
Repurchase of common stock (145.7) $ (7.2) (138.5)  
Taxes paid related to net share settlement of stock awards (in shares)   (0.1)    
Taxes paid related to net share settlement of stock awards (7.6)   (7.6)  
Stock-based compensation 7.2 $ 7.2    
Other (1.0)   (1.0)  
Shares outstanding, ending (in shares) at Mar. 31, 2024   73.5    
Shareholders' equity, ending at Mar. 31, 2024 826.9 $ 0.0 827.8 (0.9)
Shares outstanding, beginning (in shares) at Dec. 31, 2023   74.5    
Shareholders' equity, beginning at Dec. 31, 2023 893.6 $ 0.0 894.5 (0.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 355.1      
Shares outstanding, ending (in shares) at Sep. 30, 2024   73.5    
Shareholders' equity, ending at Sep. 30, 2024 1,097.0 $ 1.7 1,096.3 (1.0)
Shares outstanding, beginning (in shares) at Mar. 31, 2024   73.5    
Shareholders' equity, beginning at Mar. 31, 2024 826.9 $ 0.0 827.8 (0.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 209.3   209.3  
Repurchase of common stock (in shares)   (0.1)    
Repurchase of common stock (13.0) $ (8.9) (4.1)  
Taxes paid related to net share settlement of stock awards (0.2)   (0.2)  
Stock-based compensation 8.9 $ 8.9    
Other (1.0)   (0.9) (0.1)
Shares outstanding, ending (in shares) at Jun. 30, 2024   73.4    
Shareholders' equity, ending at Jun. 30, 2024 1,030.9 $ 0.0 1,031.9 (1.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 65.4   65.4  
Issuance of common stock (in shares)   0.2    
Issuance of common stock 4.2 $ 4.2    
Repurchase of common stock (in shares)   (0.1)    
Repurchase of common stock (9.0) $ (9.0)    
Taxes paid related to net share settlement of stock awards (0.1) (0.1)    
Stock-based compensation 7.1 7.1    
Other (1.5) $ (0.5) (1.0)  
Shares outstanding, ending (in shares) at Sep. 30, 2024   73.5    
Shareholders' equity, ending at Sep. 30, 2024 $ 1,097.0 $ 1.7 $ 1,096.3 $ (1.0)