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SERVICE CORP INTERNATIONAL (SCI)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K/A
Net income  803.3516.1369.8447.6546.8177.3234.9178.8
   
Cash flows from operating activities:          
    Adjustments to reconcile net income to net cash from operating activities:          
        Losses on early extinguishment of debt, net  5.218.416.610.10.322.56.929.2
        Depreciation and amortization  159.3155.3151.0153.7153.1147.2141.5140.0
        Amortization of intangibles  20.022.425.626.227.731.031.536.6
        Amortization of cemetery property  98.280.470.368.668.166.762.460.4
        Amortization of loan costs  6.45.55.76.15.95.89.48.8
        Provision for expected credit losses  11.413.69.18.410.010.86.17.4
        Provision for (benefit from) deferred income taxes  -5.87.923.0-41.5-317.87.518.0129.7
        Share-based compensation  14.214.115.015.614.814.113.813.1
        Change in assets and liabilities, net of effects from acquisitions and divestitures:          
            Increase (Decrease) in Accounts Receivable  -20.2-14.5-12.7-8.1-9.7-14.20.5-18.6
            Increase (Decrease) in Other Operating Assets  -54.9-35.7-23.04.8-14.422.82.5-11.0
            Increase (Decrease) in Operating Liabilities     -16.781.847.920.6-12.0
        Effect of preneed funeral production and maturities:          
            Increase in preneed receivables, net and trust investments  -308.1-158.8-16.1     
            Increase in deferred revenue, net  -119.7-61.8-67.8-28.031.234.867.231.0
                Net cash provided by operating activities  920.6804.4628.8615.8503.4489.0472.2317.4
   
Cash flows from investing activities:          
    Capital expenditures  -303.7-222.2-240.0-235.5-214.5-193.4-151.0-144.5
    Payments to Acquire Businesses, Net of Cash Acquired  121.4-64.2-55.6-194.8-76.2-72.9-41.3-15.3
    Payments for (Proceeds from) Deposits on Real Estate Acquisitions  -26.6-52.1-51.4     
    Proceeds from divestitures and sales of property and equipment  40.721.977.137.352.451.816.8424.4
    Payment to Acquire Life Insurance Policy, Investing Activities  -4.0-5.4-9.0     
        Net cash used in investing activities  -414.9-318.4-278.5-414.6-242.9-221.0-166.4257.3
   
Cash flows from financing activities          
Payments of Debt Issuance Costs  -13.6-14.5-15.5 -12.9-5.2-6.0-10.5
Proceeds from issuance of long-term debt  975.01,585.01,149.3396.31,787.51,060.0446.3755.0
Finance Lease, Principal Payments  34.643.642.6     
Proceeds from exercise of stock options  39.426.740.924.533.617.731.832.4
Purchase of Company common stock  -554.3-516.9-129.6-277.6-199.6-227.9-345.3-242.9
Payments of dividends  -146.9-137.4-131.4-123.8-108.8-98.4  
Bank overdrafts and other  5.514.30.3-15.26.0-1.1-7.57.1
    Net cash (used in) provided by financing activities  -465.6-492.8-319.1-329.2-136.4-209.5-338.5-538.0

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