v3.26.1
Segment Information - Reconciliation of Comprehensive Income to Adjusted EBITDA by Segment (Details) - USD ($)
$ 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
Segment Reporting [Line Items]            
Net income attributable to Churchill Downs Incorporated $ 241 $ 83 $ 217 $ 77 $ 324 $ 294
Net income attributable to noncontrolling interests 1   1   1 1
Net income 242   218   325 295
Depreciation and amortization 59   58   115 117
Interest expense 70   75   142 147
Income tax provision 86   74   116 93
Stock-based compensation expense 8   7   13 11
Pre-opening expense 2   2   5 6
Other expenses, net 0   4   2 4
Asset impairments, net 0   2   0 2
Transaction expense, net 1   2   2 2
Interest, depreciation and amortization expense related to equity investments 10   10   19 20
Other charges and recoveries, net (1)   (1)   (5) (1)
Total adjustments 235   233   409 401
Adjusted EBITDA 477   451   734 696
Operating Segments            
Segment Reporting [Line Items]            
Adjusted EBITDA 503   472   784 739
All Other            
Segment Reporting [Line Items]            
Adjusted EBITDA (26)   (21)   (50) (43)
Live and Historical Racing | Operating Segments            
Segment Reporting [Line Items]            
Adjusted EBITDA 318   297   431 399
Wagering Services and Solutions | Operating Segments            
Segment Reporting [Line Items]            
Adjusted EBITDA 52   48   97 89
Gaming | Operating Segments            
Segment Reporting [Line Items]            
Adjusted EBITDA $ 133   $ 127   $ 256 $ 251