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)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments186199330195135177
Cash and cash equivalents186199330195135177
Restricted cash and investments     29
Receivables8274909890109
Inventory, net of allowances, customer advances and progress billings252525262830
Inventory252525262830
Prepaid expense     5
Deferred costs     9
Other current assets803436355680
Other undisclosed current assets     (42)
Total current assets:374331481354308397
Noncurrent Assets
Finance lease, right-of-use asset180✕✕✕✕✕
Operating lease, right-of-use asset58✕✕✕✕✕
Property, plant and equipment2,0651,9771,8731,8281,8471,861
Long-term investments and receivables1,0049511,35710105
Accounts and financing receivable, after allowance for credit loss1,0049511,35710105
Intangible assets, net (including goodwill)2,2952,2982,1802,1672,1662,205
Goodwill1,8641,8641,8061,7991,7961,811
Intangible assets, net (excluding goodwill)431434374368370394
Regulated entity, other noncurrent assets35323833  
Restricted cash and investments2225416
Customer funds474852525560
Deferred costs    36 
Other noncurrent assets1,030934601568617618
Other undisclosed noncurrent assets6,5876,1206,2807,0226,6766,762
Total noncurrent assets:13,30412,36212,38311,68411,41011,527
TOTAL ASSETS:13,67712,69312,86512,03811,71911,924
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:479480489440423453
Accrued liabilities637574565783
Employee-related liabilities999095888787
Taxes payable252413211322
Interest and dividends payable152630282930
Other undisclosed accounts payable and accrued liabilities276264277247237231
Debt  3379095164
Self insurance reserve     74
Other undisclosed current liabilities7876281(139)
Total current liabilities:557556829538519552
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,5143,5323,1353,1973,0722,964
Long-term debt, excluding current maturities3,5143,5323,1353,1973,0722,964
Finance lease, liability146✕✕✕✕✕
Operating lease, liability52✕✕✕✕✕
Other undisclosed long-term debt and lease obligation(198)     
Liabilities, other than long-term debt5528618601,1101,1041,076
Accounts payable and accrued liabilities 1019141615
Deferred compensation liability, classified1521271211059281
Deferred tax liabilities, net✕405284455471449
Liability, pension and other postretirement and postemployment benefits222225272936
Other liabilities378297411510497496
Other undisclosed noncurrent liabilities7,2316,1036,6316,0985,8345,955
Total noncurrent liabilities:11,29710,49610,62610,40510,0109,994
Total liabilities:11,85411,05111,45510,94310,52910,546
Stockholders' equity
Stockholders' equity attributable to parent, including:1,8231,6421,4091,0931,1851,369
Additional paid in capital1,0109739709901,0921,186
Accumulated other comprehensive income30134216659
Retained earnings (accumulated deficit)602474210(103)(109)(82)
Other undisclosed stockholders' equity attributable to parent181181187189196205
Stockholders' equity attributable to noncontrolling interest(0)(0)0359
Total stockholders' equity:1,8231,6421,4091,0951,1891,377
TOTAL LIABILITIES AND EQUITY:13,67712,69312,86512,03811,71911,924

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues3,2313,1903,0953,0312,9862,994
Revenue, net✕✕3,0953,0312,9862,994
Cost of revenue(2,470)(2,430)(2,373)(2,355)(2,314)(2,318)
Cost of goods and services sold  (1,524)(1,508)(1,469)(1,387)
Gross profit:761760722676672676
Operating expenses(127)(145)(154)(138)(128)(1,200)
Other undisclosed operating income (loss)33161(27)71,132
Operating income:667631569512550608
Nonoperating income (expense)030(1)(0)2
Investment income, nonoperating4220257813123
Interest and debt expense(202)(192)(169)(185)(180)(207)
Income from continuing operations before income taxes:464442400327370403
Income tax expense (benefit)(95)6147(149)(135)(226)
Income from continuing operations:370448547177235177
Income (loss) from discontinued operations    (0)2
Income before gain (loss) on sale of properties:370448547177235179
Unusual or infrequent item, or both, net (gain) loss  (6) ✕✕
Other undisclosed net income  6   
Net income:370448547177235179
Net loss attributable to noncontrolling interest(0)(0)(0)(0)(1)(6)
Net income available to common stockholders, basic:370447547177234172
Interest on convertible debt  0000
Net income available to common stockholders, diluted:370447547177234173

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:370448547177235179
Other undisclosed comprehensive income (loss)16(28)2510(53)(29)
Comprehensive income:386419572188182150
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)(0)(0)(1)(6)
Comprehensive income, net of tax, attributable to parent:386419572187181143

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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