v3.26.3
Segment Information - Reconciliation of Comprehensive Income to Adjusted EBITDA by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting [Line Items]                
Net income attributable to Churchill Downs Incorporated $ 80 $ 241 $ 83 $ 38 $ 217 $ 77 $ 404 $ 332
Net income attributable to noncontrolling interests 0     1     1 2
Net income 80     39     405 334
Depreciation and amortization 61     57     176 174
Interest expense 69     75     211 222
Income tax provision 31     22     147 115
Stock-based compensation expense 6     7     19 18
Pre-opening expense 2     3     7 9
Other expenses, net 0     3     2 7
Asset impairments, net 0     46     0 48
Transaction expense, net 4     1     6 3
Interest, depreciation and amortization expense related to equity investments 9     9     28 29
Other charges and recoveries, net 2     0     (3) (1)
Total adjustments 184     223     593 624
Adjusted EBITDA 264     262     998 958
Operating Segments                
Segment Reporting [Line Items]                
Adjusted EBITDA 287     285     1,071 1,024
All Other                
Segment Reporting [Line Items]                
Adjusted EBITDA (23)     (23)     (73) (66)
Live and Historical Racing | Operating Segments                
Segment Reporting [Line Items]                
Adjusted EBITDA 111     116     542 515
Wagering Services and Solutions | Operating Segments                
Segment Reporting [Line Items]                
Adjusted EBITDA 48     46     145 135
Gaming | Operating Segments                
Segment Reporting [Line Items]                
Adjusted EBITDA $ 128     $ 123     $ 384 $ 374