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Goodwill | 12 Months Ended
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Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | GOODWILL In the first quarter of 2019, we realigned our segments as described in Note 1, Description of Business. This change resulted in the allocation of the previous Racing segment goodwill balance of $51.7 million as follows: $49.7 million to the Churchill Downs segment, $1.0 million to the Gaming segment, and $1.0 million to All Other, based on the relative fair value approach. The Company evaluated whether an interim goodwill impairment test should be performed as a result of our segment changes. Based on this evaluation, the Company determined this event did not indicate it was more likely than not that a goodwill impairment exists. Goodwill, by segment, is comprised of the following:
(in millions) | Churchill Downs |  | Online Wagering |  | Gaming |  | All Other |  | Total
Balances as of December 31, 2017 | $ | 49.7 |  |  | $ | 148.2 |  |  | $ | 118.7 |  |  | $ | 1.0 |  |  | $ | 317.6 |
Additions | — |  |  | — |  |  | 20.4 |  |  | — |  |  | 20.4 |
Balances as of December 31, 2018 | 49.7 |  |  | 148.2 |  |  | 139.1 |  |  | 1.0 |  |  | 338.0 |
Additions | — |  |  | — |  |  | 26.1 |  |  | 3.0 |  |  | 29.1 |
Balances as of December 31, 2019 | $ | 49.7 |  |  | $ | 148.2 |  |  | $ | 165.2 |  |  | $ | 4.0 |  |  | $ | 367.1 |
In 2019, we established goodwill of $26.1 million related to the Presque Isle Transaction, and $3.0 million related to the Turfway Park Acquisition. In 2018, we established goodwill of $20.4 million related to the Ocean Downs/Saratoga Transaction. We performed our annual goodwill impairment analysis as of April 1, 2019 and no adjustment to the carrying value of goodwill was required. We elected to bypass the qualitative assessment and proceeded directly to perform step one fair value calculations on a quantitative basis for each reporting unit. We concluded that the fair values of our reporting units exceeded their carrying value and therefore step two of the assessment was not required.

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- Definition The entire disclosure for goodwill. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
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