Churchill Downs Inc (CHDN) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
ASSETS
Current assets:
Cash and cash equivalents	129.8	291.3	67.4	96.2	133.3	51.7	45.3	74.5
Restricted cash	74.9	64.3	53.6	46.3	40.0	31.2	34.3	29.7
Accounts receivable, net	81.5	42.3	36.5	37.3	28.8	49.6	56.6	67.8
Income taxes receivable	14.0	66.0	49.4	14.5	17.0	35.6	7.6	1.0
Other current assets	44.3	37.6	28.2	26.9	22.4	18.9	17.8	39.5
Total current assets	344.5	501.5	235.1	221.2	241.5	256.1	246.0	219.6
Property and equipment, net	3,924.7	1,963.3	2,141.9	1,849.8	757.5	608.0	560.6	573.2
Investment in and advances to unconsolidated affiliates	659.4	663.6	630.6	634.5	108.1	171.3	139.1	129.7
Goodwill	723.8	366.8	366.8	367.1	338.0	317.6	301.5	841.7
Other intangible assets, net	2,391.8	348.1	350.6	369.8	264.0	169.4	174.0	496.2
Other assets	27.0	18.9	21.2	21.1	16.1	13.6	9.9	13.8
Long-term assets held for sale	82.0	87.8
Total assets	6,206.8	2,981.6	2,686.4	2,551.0	1,725.2	2,359.4	2,254.4	2,277.4

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable	145.5	81.6	70.7	57.8	47.0
Accrued expenses and other current liabilities	361.0	231.7	167.8	173.4	135.2	75.8	73.2	279.5
Income taxes payable	2.1	0.9
Current deferred revenue	39.0	47.7
Current maturities of long-term debt	47.0	7.0	4.0	4.0	4.0	4.0	14.2	16.2
Dividends payable	27.0	26.1	24.9	23.5	22.5	23.7	21.8	19.1
Total current liabilities	621.6	395.0	424.2	301.2	256.6	453.2	468.1	640.1
Long-term debt	4,558.7	1,961.0	1,618.3	1,469.9	880.3	632.9	907.5	593.7
Notes payable (net of debt issuance costs of $22.9 in 2022 and $7.6 in 2021)	2,477.1	1,292.4	1,087.8	1,085.9	493.0	492.3	594.7	593.7
Non-current deferred revenue	11.8	13.3
Deferred income taxes	340.8	252.9	213.9	212.8	78.2	40.6	63.2	127.9
Other liabilities	122.4	52.6	45.8	39.4	15.7	16.0	13.9	18.1
Total liabilities	5,655.3	2,674.8	2,319.3	2,040.0	1,251.9	1,719.1	1,569.4	1,660.2

Commitments and contingencies
Shareholders' equity:
Common stock			18.2			7.3	116.5	134.0
Retained earnings	552.4	307.7	349.8	509.2	474.2	634.3	569.7	483.8
Accumulated other comprehensive loss	-0.9	-0.9	-0.9	-0.9	-0.9	-1.3	-1.2	-0.6
Total shareholders' equity	551.5	306.8	367.1	511.0	473.3
Total liabilities and shareholders' equity	6,206.8	2,981.6	2,686.4	2,551.0	1,725.2	2,359.4	2,254.4	2,277.4