Net Income Per Common Share Computations (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Mar. 31, 2026 |
Jun. 30, 2025 |
Mar. 31, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Numerator for basic and diluted net income per common share: | ||||||
| Net income attributable to Churchill Downs Incorporated | $ 241 | $ 83 | $ 217 | $ 77 | $ 324 | $ 294 |
| Adjustments related to redeemable noncontrolling interests | (1) | $ (2) | 0 | (3) | (2) | |
| Net income attributable to common shareholders | $ 240 | $ 217 | $ 321 | $ 292 | ||
| Denominator for net income per common share: | ||||||
| Basic (in shares) | 70 | 72 | 70 | 73 | ||
| Plus dilutive effect of stock awards (in shares) | 0 | 0 | 0 | 0 | ||
| Diluted (in shares) | 70 | 72 | 70 | 73 | ||
| Basic | ||||||
| Basic net income (in dollars per share) | $ 3.43 | $ 3.02 | $ 4.59 | $ 4.02 | ||
| Diluted | ||||||
| Diluted net income (in dollars per share) | $ 3.42 | $ 2.99 | $ 4.58 | $ 3.98 | ||
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- References No definition available.
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- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of decrease to net income for accretion of temporary equity to its redemption value to derive net income apportioned to common stockholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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