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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Shares outstanding, beginning (in shares) at Dec. 31, 2021   76,200,000    
Shareholders' equity, beginning at Dec. 31, 2021 $ 306.8 $ 0.0 $ 307.7 $ (0.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 439.4   439.4  
Issuance of common stock (in shares)   600,000    
Issuance of common stock $ 2.7 $ 2.7    
Repurchase of common stock (in shares) (1,747,844) (1,800,000)    
Repurchase of common stock $ (175.5) $ (34.5) (141.0)  
Taxes paid related to net share settlement of stock awards (in shares)   (200,000)    
Taxes paid related to net share settlement of stock awards (26.9)   (26.9)  
Stock-based compensation 31.8 $ 31.8    
Cash dividends (26.8)   (26.8)  
Shares outstanding, ending (in shares) at Dec. 31, 2022   74,800,000    
Shareholders' equity, ending 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 417.3   417.3  
Issuance of common stock (in shares)   300,000    
Issuance of common stock $ 3.1 $ 3.1    
Repurchase of common stock (in shares) (461,761) (500,000)    
Repurchase of common stock $ (55.3) $ (36.0) (19.3)  
Taxes paid related to net share settlement of stock awards (in shares)   (100,000)    
Taxes paid related to net share settlement of stock awards (26.5)   (26.5)  
Stock-based compensation 32.9 $ 32.9    
Cash dividends (28.5)   (28.5)  
Other (0.9)   (0.9)  
Shares outstanding, ending (in shares) at Dec. 31, 2023   74,500,000    
Shareholders' equity, ending 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 426.8   426.8  
Issuance of common stock (in shares)   700,000    
Issuance of common stock $ 4.2 $ 4.2    
Repurchase of common stock (in shares) (506,300) (1,500,000)    
Repurchase of common stock $ (189.0) $ (35.8) (153.2)  
Reclassification to liability awards (20.9)   (20.9)  
Taxes paid related to net share settlement of stock awards (in shares)   (200,000)    
Taxes paid related to net share settlement of stock awards (27.3)   (27.3)  
Stock-based compensation 32.0 $ 32.0    
Cash dividends (30.1)   (30.1)  
Other (5.7) $ (0.4) (5.2) (0.1)
Shares outstanding, ending (in shares) at Dec. 31, 2024   73,500,000    
Shareholders' equity, ending at Dec. 31, 2024 $ 1,083.6 $ 0.0 $ 1,084.6 $ (1.0)