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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments231186199330195135
Cash and cash equivalents231186199330195135
Receivables938274909890
Inventory, net of allowances, customer advances and progress billings242525252628
Inventory242525252628
Other current assets288034363556
Total current assets:376374331481354308
Noncurrent Assets
Finance lease, right-of-use asset146180✕✕✕✕
Operating lease, right-of-use asset 58✕✕✕✕
Property, plant and equipment2,1342,0651,9771,8731,8281,847
Long-term investments and receivables1,0701,0049511,3571010
Accounts and financing receivable, after allowance for credit loss1,0701,0049511,3571010
Intangible assets, net (including goodwill)1,8802,2952,2982,1802,1672,166
Goodwill1,8801,8641,8641,8061,7991,796
Intangible assets, net (excluding goodwill) 431434374368370
Regulated entity, other noncurrent assets3735323833 
Restricted cash and investments 22254
Customer funds 4748525255
Deferred costs     36
Other noncurrent assets1,0801,030934601568617
Other undisclosed noncurrent assets7,7936,5876,1206,2807,0226,676
Total noncurrent assets:14,13913,30412,36212,38311,68411,410
TOTAL ASSETS:14,51513,67712,69312,86512,03811,719
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:576479480489440423
Accrued liabilities746375745657
Employee-related liabilities1479990958887
Taxes payable262524132113
Interest and dividends payable201526302829
Other undisclosed accounts payable and accrued liabilities308276264277247237
Debt   3379095
Other undisclosed current liabilities2407876281
Total current liabilities:816557556829538519
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,5143,5143,5323,1353,1973,072
Long-term debt, excluding current maturities3,5143,5143,5323,1353,1973,072
Finance lease, liability102146✕✕✕✕
Operating lease, liability 52✕✕✕✕
Other undisclosed long-term debt and lease obligation(102)(198)    
Liabilities, other than long-term debt4205528618601,1101,104
Accounts payable and accrued liabilities  10191416
Deferred compensation liability, classified 15212712110592
Deferred tax liabilities, net✕✕405284455471
Liability, pension and other postretirement and postemployment benefits 2222252729
Other liabilities420378297411510497
Other undisclosed noncurrent liabilities8,0137,2316,1036,6316,0985,834
Total noncurrent liabilities:11,94711,29710,49610,62610,40510,010
Total liabilities:12,76311,85411,05111,45510,94310,529
Stockholders' equity
Stockholders' equity attributable to parent, including:1,7531,8231,6421,4091,0931,185
Additional paid in capital9821,0109739709901,092
Accumulated other comprehensive income39301342166
Retained earnings (accumulated deficit)561602474210(103)(109)
Other undisclosed stockholders' equity attributable to parent171181181187189196
Stockholders' equity attributable to noncontrolling interest(0)(0)(0)035
Total stockholders' equity:1,7531,8231,6421,4091,0951,189
TOTAL LIABILITIES AND EQUITY:14,51513,67712,69312,86512,03811,719

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues3,5123,2313,1903,0953,0312,986
Revenue, net✕✕✕3,0953,0312,986
Cost of revenue(2,535)(2,470)(2,430)(2,373)(2,355)(2,314)
Cost of goods and services sold   (1,524)(1,508)(1,469)
Gross profit:977761760722676672
Operating expenses(210)(127)(145)(154)(138)(128)
Other undisclosed operating income (loss)7633161(27)7
Operating income:843667631569512550
Nonoperating income (expense)1030(1)(0)
Investment income, nonoperating124220257813
Interest and debt expense(145)(202)(192)(169)(185)(180)
Income from continuing operations before equity method investments, income taxes:699464442400327370
Other undisclosed loss from continuing operations before income taxes(37)     
Income from continuing operations before income taxes:662464442400327370
Income tax expense (benefit)(146)(95)6147(149)(135)
Income from continuing operations:516370448547177235
Loss from discontinued operations     (0)
Income before gain (loss) on sale of properties:516370448547177235
Unusual or infrequent item, or both, net (gain) loss   (6) ✕
Other undisclosed net income   6  
Net income:516370448547177235
Net loss attributable to noncontrolling interest(0)(0)(0)(0)(0)(1)
Net income available to common stockholders, basic:516370447547177234
Interest on convertible debt   000
Net income available to common stockholders, diluted:516370447547177234

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:516370448547177235
Other undisclosed comprehensive income (loss)1016(28)2510(53)
Comprehensive income:526386419572188182
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)(0)(0)(0)(1)
Comprehensive income, net of tax, attributable to parent:525386419572187181

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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