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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, 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)
Shares outstanding, beginning (in shares) at Dec. 31, 2024   73.5    
Shareholders' equity, beginning at Dec. 31, 2024 1,083.6 $ 0.0 1,084.6 (1.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 76.7   76.7  
Issuance of common stock (in shares)   0.1    
Repurchase of common stock (in shares)   (0.8)    
Repurchase of common stock (89.4) $ (1.0) (88.4)  
Taxes paid related to net share settlement of stock awards (3.9) (3.9)    
Stock-based compensation 4.9 $ 4.9    
Other (0.2)   (0.2)  
Shares outstanding, ending (in shares) at Mar. 31, 2025   72.8    
Shareholders' equity, ending at Mar. 31, 2025 1,071.7 $ 0.0 1,072.7 (1.0)
Shares outstanding, beginning (in shares) at Dec. 31, 2024   73.5    
Shareholders' equity, beginning at Dec. 31, 2024 1,083.6 $ 0.0 1,084.6 (1.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 331.7      
Shares outstanding, ending (in shares) at Sep. 30, 2025   69.8    
Shareholders' equity, ending at Sep. 30, 2025 1,034.9 $ 0.0 1,035.9 (1.0)
Shares outstanding, beginning (in shares) at Mar. 31, 2025   72.8    
Shareholders' equity, beginning at Mar. 31, 2025 1,071.7 $ 0.0 1,072.7 (1.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 216.9   216.9  
Repurchase of common stock (in shares)   (2.6)    
Repurchase of common stock (250.4) $ (5.3) (245.1)  
Taxes paid related to net share settlement of stock awards (0.1) (0.1)    
Stock-based compensation 5.4 $ 5.4    
Other (1.9)   (1.9)
Shares outstanding, ending (in shares) at Jun. 30, 2025   70.2    
Shareholders' equity, ending at Jun. 30, 2025 1,041.6 $ 0.0 1,042.6 (1.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income attributable to Churchill Downs Incorporated 38.1   38.1  
Issuance of common stock (in shares)   0.1    
Issuance of common stock 5.0 $ 5.0    
Repurchase of common stock (in shares)   (0.5)    
Repurchase of common stock (53.5) $ (12.6) (40.9)  
Taxes paid related to net share settlement of stock awards (0.1) (0.1)    
Stock-based compensation 7.7 $ 7.7    
Other (3.9)      
Shares outstanding, ending (in shares) at Sep. 30, 2025   69.8    
Shareholders' equity, ending at Sep. 30, 2025 $ 1,034.9 $ 0.0 $ 1,035.9 $ (1.0)