Service Corporation International (SCI) financial statements (2021 and earlier)

Company profile

Business Address 1929 ALLEN PKWY
HOUSTON, TX 77019
State of Incorp. TX
Fiscal Year End December 31
SIC 72 - Personal Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments231220222176186195244
Cash and cash equivalents231220222176186195244
Restricted cash and investments     4 
Receivables93807775827482
Inventory, net of allowances, customer advances and progress billings24262628252726
Inventory24262628252726
Other current assets28405880802543
Other undisclosed current assets     28 
Total current assets:376366384359374352394
Noncurrent Assets
Finance lease, right-of-use asset146   180186191
Operating lease, right-of-use asset    586062
Property, plant and equipment2,1342,1132,0982,0582,0652,0402,027
Long-term investments and receivables1,0701,0129699531,004964966
Accounts and financing receivable, after allowance for credit loss1,0701,0129699531,004964966
Intangible assets, net (including goodwill)1,8801,8681,8651,8612,2951,8451,847
Goodwill1,8801,8681,8651,8611,8641,8451,847
Intangible assets, net (excluding goodwill)    431  
Regulated entity, other noncurrent assets37383234353639
Restricted cash and investments 222222
Customer funds    47  
Other noncurrent assets1,0801,0511,0361,0171,0301,0251,019
Other undisclosed noncurrent assets7,7937,3387,1026,4316,5876,8086,812
Total noncurrent assets:14,13913,42113,10412,35613,30412,96412,966
TOTAL ASSETS:14,51513,78713,48812,71513,67713,31613,360
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:576525461475479494447
Accrued liabilities74   63  
Employee-related liabilities147   99  
Taxes payable262592625  
Interest and dividends payable20   15  
Other undisclosed accounts payable and accrued liabilities308523402449276494447
Debt 968786 70167
Other undisclosed current liabilities2402592678  
Total current liabilities:816622607587557563614
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,5143,5853,5743,5363,5143,4673,465
Long-term debt, excluding current maturities3,5143,5853,5743,5363,5143,4673,465
Finance lease, liability102   146152157
Operating lease, liability    525456
Other undisclosed long-term debt and lease obligation(102)   (198)(206)(213)
Liabilities, other than long-term debt420407382351552374371
Deferred compensation liability, classified    152  
Liability, pension and other postretirement and postemployment benefits    22  
Other liabilities420407382351378374371
Other undisclosed noncurrent liabilities8,0137,4307,1716,4917,2317,1367,166
Total noncurrent liabilities:11,94711,42211,12710,37711,29710,97711,002
Total liabilities:12,76312,04411,73410,96411,85411,54111,616
Stockholders' equity
Stockholders' equity attributable to parent, including:1,7531,7431,7541,7511,8231,7751,744
Additional paid in capital9829921,0031,0111,0101,016999
Accumulated other comprehensive income (loss)392012(1)302428
Retained earnings561556562563602554535
Other undisclosed stockholders' equity attributable to parent171174177179181183182
Stockholders' equity attributable to noncontrolling interest(0)00 (0)0(0)
Total stockholders' equity:1,7531,7431,7541,7511,8231,7761,744
TOTAL LIABILITIES AND EQUITY:14,51513,78713,48812,71513,67713,31613,360

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues970918820803851769813
Cost of revenue(655)(655)(601)(624)(734)(580)(592)
Other undisclosed gross profit    101(29)(29)
Gross profit:315264219179218160191
Operating expenses(100)(41)(37)(32)(26)(29)(29)
Other undisclosed operating income (loss)7011549(2)(12)
Operating income:285223182152241129150
Nonoperating income (expense)011(1)(1)01
Investment income, nonoperating311852(1)(10)
Interest and debt expense1(59)(42)(44)(44)(56)(55)
Income from continuing operations before equity method investments, income taxes:2861651421061957396
Other undisclosed loss from continuing operations before income taxes(37)      
Income from continuing operations before income taxes:2491651421061957396
Income tax expense (benefit)(243)373624(48)(2)(24)
Income before gain (loss) on sale of properties:62021781301477173
Other undisclosed net income (loss)195(75)(72)(48)   
Net income:201127106821477173
Net income (loss) attributable to noncontrolling interest(0)000(0)(0)(0)
Other undisclosed net income (loss) attributable to parent0(0)(0)(0)   
Net income available to common stockholders, diluted:201127106821477172

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income:201127106821477173
Other comprehensive income     6780
Other undisclosed comprehensive income (loss)19814(31)6(71)(73)
Comprehensive income:220135119511546780
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)(0)
Comprehensive income, net of tax, attributable to parent:220135119511536779

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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