Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 174.2	$ 175.5
Restricted cash	97.0	77.2
Accounts receivable, net	108.6	98.7
Income taxes receivable	0.0	14.5
Other current assets	72.6	46.4
Total current assets	452.4	412.3
Property and equipment, net	2,907.3	2,874.9
Investment in and advances to unconsolidated affiliates	663.1	661.2
Goodwill	900.2	900.2
Other intangible assets, net	2,406.3	2,409.0
Other assets	17.8	18.3
Total assets	7,347.1	7,275.9
Current liabilities:
Accounts payable	207.1	180.3
Accrued expenses and other current liabilities	423.6	402.0
Income taxes payable	4.8	0.0
Current deferred revenue	146.8	52.9
Current maturities of long-term debt	63.1	63.1
Dividends payable	0.7	31.0
Total current liabilities	846.1	729.3
Long-term debt, net of current maturities and loan origination fees	1,736.5	1,767.9
Notes payable, net of debt issuance costs	3,077.4	3,076.2
Non-current deferred revenue	20.0	20.0
Deferred income taxes	432.8	432.7
Other liabilities	141.2	146.5
Total liabilities	6,254.0	6,172.6
Commitments and contingencies
Redeemable noncontrolling interest	21.4	19.7
Shareholders' equity:
Preferred stock	0.0	0.0
Common stock	0.0	0.0
Retained earnings	1,072.7	1,084.6
Accumulated other comprehensive loss	(1.0)	(1.0)
Total Churchill Downs Incorporated shareholders' equity	1,071.7	1,083.6
Total liabilities and shareholders' equity	$ 7,347.1	$ 7,275.9