Service Corporation International (SCI) 10-Q4 May 222022 Q1 Quarterly reportFinancial data

Company Profile

Cover Page Details

Cover Page Details - shares	3 Months Ended
Cover Page Details - shares	Mar. 31, 2022	May 04, 2022
Document Information [Line Items]
Document Quarterly Report	true
Document Type	10-Q
Document Transition Report	false
Document Period End Date	Mar. 31, 2022
Entity File Number	1-6402-1
Entity Registrant Name	SERVICE CORPORATION INTERNATIONAL
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	74-1488375
Entity Address, Address Line One	1929 Allen Parkway
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77019
City Area Code	(713)
Local Phone Number	522-5141
Title of 12(b) Security	Common Stock ($1 par value)
Trading Symbol	SCI
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	159,164,117
Subsequent Event [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		158,735,972

Document and Entity Information

Document and Entity Information Document	3 Months Ended
Document and Entity Information Document	Mar. 31, 2022shares
Document Information [Line Items]
Entity Registrant Name	SERVICE CORPORATION INTERNATIONAL
Entity Central Index Key	0000089089
Current Fiscal Year End Date	--12-31
Document Period End Date	Mar. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Shell Company	false
Amendment Flag	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding	159,164,117
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes

Consolidated Statement of Opera

Consolidated Statement of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Product Information [Line Items]
Revenue	$ 1,112,403	$ 1,077,981
Costs of revenue	(735,490)	(695,538)
Gross profit	376,913	382,443
Corporate general and administrative expenses	(41,704)	(41,669)
Gains on divestitures and impairment charges, net	489	1,266
Operating income	335,698	342,040
Interest expense	(39,028)	(35,812)
Other income (expense), net	128	341
Income before income taxes	296,798	306,569
(Provision for) benefit from income taxes	(77,231)	(77,614)
Net income	219,567	228,955
Net income attributable to noncontrolling interests	(54)	(76)
Net income attributable to common stockholders	$ 219,513	$ 228,879
Basic earnings per share:
Net income attributable to common stockholders, basic	$ 1.36	$ 1.35
Basic weighted average number of shares	161,328	169,918
Diluted earnings per share:
Net income attributable to common stockholders, diluted	$ 1.34	$ 1.33
Diluted weighted average number of shares	163,807	172,367
Dividends declared per share
Product [Member]
Product Information [Line Items]
Revenue	$ 561,547	$ 554,591
Costs of revenue	(260,051)	(251,692)
Service [Member]
Product Information [Line Items]
Revenue	480,609	463,859
Costs of revenue	(219,538)	(202,978)
Product and Service, Other [Member]
Product Information [Line Items]
Revenue	70,247	59,531
Costs of revenue	$ (255,901)	$ (240,868)

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 219,567	$ 228,955
Foreign currency translation adjustments	7,279	5,005
Total comprehensive income	226,846	233,960
Total comprehensive income attributable to noncontrolling interests	(54)	(76)
Total comprehensive income attributable to common stockholders	$ 226,792	$ 233,884

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 300,556	$ 268,626
Receivables, net	103,034	106,051
Inventories	28,654	25,935
Other	26,488	40,448
Total current assets	458,732	441,060
Accounts Receivable, Allowance for Credit Loss	(5,849)	(6,338)
Preneed receivables, net and trust investments	5,870,456	6,015,323
Cemetery property	1,890,932	1,900,844
Property and equipment, net	2,254,916	2,252,158
Goodwill	1,916,965	1,915,082
Allowance for credit losses for Deferred charges and other assets	3,917	4,577
Deferred charges and other assets	1,171,065	1,169,813
Accounts Receivable, Allowance for Credit Loss, Noncurrent	(21,283)	(20,727)
Cemetery perpetual care trust investments	1,894,068	1,996,898
Total assets	15,457,134	15,691,178
Current liabilities:
Accounts payable and accrued liabilities	645,125	659,494
Current maturities of long-term debt	63,863	65,016
Income taxes payable	66,217	3,751
Total current liabilities	775,205	728,261
Long-term debt	3,962,944	3,901,304
Deferred preneed revenue	1,567,217	1,532,749
Deferred Income Taxes and Other Tax Liabilities, Noncurrent	436,459	437,902
Other liabilities	427,234	438,903
Deferred receipts held in trust	4,574,762	4,766,492
Care trusts’ corpus	1,870,667	1,976,118
Commitments and contingencies (Note 9)
Common stock, shares authorized	500,000,000
Common stock, par or stated value per share	$ 1
Common stock, shares outstanding	159,164,117	163,114,202
Equity:
Common Stock, Value, Outstanding	$ 159,164	$ 163,114
Capital in excess of par value	957,161	979,096
Retained Earnings (Accumulated Deficit)	678,932	727,021
Accumulated other comprehensive income	47,493	40,214
Total common stockholders’ equity	1,842,750	1,909,445
Noncontrolling interests	(104)	4
Total equity	1,842,646	1,909,449
Total liabilities and equity	$ 15,457,134	$ 15,691,178
Common stock, shares, issued	166,975,651	166,821,502

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for credit losses for Deferred charges and other assets	$ 3,917	$ 4,577

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Cash Flows [Abstract]
Net income	$ 219,567	$ 228,955
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	42,436	39,558
Amortization of intangibles	5,074	5,335
Amortization of cemetery property	24,849	28,929
Amortization of loan costs	1,644	1,526
Provision for expected credit losses	3,078	3,824
(Benefit from) provision for deferred income taxes	(4,580)	553
Share-based compensation	3,687	3,500
Gain (Loss) on Disposition of Assets	(489)	(1,266)
Change in assets and liabilities, net of effects from acquisitions and divestitures:
Increase (Decrease) in Accounts Receivable	5,435	2,525
Increase (Decrease) in Other Operating Assets	(2,714)	(12,204)
Increase (Decrease) in Operating Liabilities	(52,003)	(43,046)
Effect of preneed funeral production and maturities:
Increase in preneed receivables, net and trust investments	(91,641)	(66,194)
Increase in deferred revenue, net	67,625	19,660
Increase (decrease) in deferred receipts held in trust	6,199	(141)
Net cash provided by operating activities	332,173	297,606
Cash flows from investing activities:
Capital expenditures	(56,748)	(42,274)
Payments to Acquire Businesses, Net of Cash Acquired	0	(1,160)
Payments for (Proceeds from) Deposits on Real Estate Acquisitions	(226)	(5,608)
Proceeds from divestitures and sales of property and equipment	2,986	4,045
Payment to Acquire Life Insurance Policy, Investing Activities	(1,666)	(18)
Net cash used in investing activities	(55,654)	(45,015)
Cash flows from financing activities
Proceeds from issuance of long-term debt	75,000	20,000
Early payments and extinguishment of debt	0	(100,000)
Finance Lease, Principal Payments	9,059	6,652
Repayments of Unsecured Debt	(9,075)	(9,023)
Proceeds from exercise of stock options	272	2,282
Purchase of Company common stock	(256,355)	(106,135)
Payments of dividends	(39,964)	(35,568)
Bank overdrafts and other	(12,517)	(7,932)
Net cash (used in) provided by financing activities	(251,698)	(243,028)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	2,556	1,412
Net increase in cash, cash equivalents, and restricted cash	27,377	10,975
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 305,932	$ 249,585

Consolidated Statement of Equit

Consolidated Statement of Equity - USD ($) $ in Thousands	Total	Common Stock	Treasury Stock	Capital in Excess of Par Value	Retained Earnings [Member]	Accumulated Other Comprehensive Income	Noncontrolling Interest
Balance at beginning of period at Dec. 31, 2020	$ 1,752,621	$ 174,792	$ (4,075)	$ 981,934	$ 560,731	$ 39,366	$ (127)
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Comprehensive income	233,960	0	0	0	228,879	5,005	76
Dividends, Common Stock	(35,568)	0	0	0	35,568	0	0
Stock option exercises	2,364	99	0	2,265	0	0	0
Restricted stock awards, net of forfeitures	0	163	0	(163)	0	0	0
Employee share-based compensation earned	3,500	0	0	3,500	0	0	0
Purchase of Company common stock	(106,217)	0	(2,142)	(12,304)	(91,771)	0	0
Other	0	0	0	0	0	0	0
Balance at end of period at Mar. 31, 2021	1,850,660	175,054	(6,217)	975,232	662,271	44,371	(51)
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Stockholders' Equity, Period Increase (Decrease) \| Accounting Standards Update 2016-13 [Member]	0	0	0	0	0	0	0
Balance at beginning of period at Dec. 31, 2021	1,909,449	166,822	(3,708)	979,096	727,021	40,214	4
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Comprehensive income	226,846	0	0	0	219,513	7,279	54
Dividends, Common Stock	$ (39,964)	0	0	0	(39,964)	0	0
Dividends declared per share
Stock option exercises	$ 272	7	0	265	0	0	0
Restricted stock awards, net of forfeitures	0	147	0	(147)	0	0	0
Employee share-based compensation earned	3,687	0	0	3,687	0	0	0
Purchase of Company common stock	(256,355)	0	(4,104)	(24,613)	(227,638)	0	0
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	162	0	0	0	0	0	162
Other	(1,127)	0	0	(1,127)	0	0	0
Balance at end of period at Mar. 31, 2022	$ 1,842,646	$ 166,976	$ (7,812)	$ 957,161	$ 678,932	$ 47,493	$ (104)

Preneed Activities Preneed Acti

Preneed Activities Preneed Activities Receivables Net and Trust Invesments - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Total Preneed receivables, Past Due	$ 94,156
Preneed Receivable, Not Past Due	1,219,727
Investments	6,471,924	$ 6,768,440
Accounts Receivable, before Allowance for Credit Loss, Noncurrent	1,313,883	1,264,508
Beginning balance — Preneed funeral receivables and trust investments	6,015,323
Deposits to trust	127,972
Ending balance — Preneed funeral receivables and trust investments	5,870,456
Cemetery perpetual care trust investments	1,894,068	1,996,898
Deferred Discounts, Finance Charges and Interest Included in Receivables	(21,417)	(23,214)
Accounts Receivable, after Allowance for Credit Loss, Noncurrent	1,292,600	1,243,781
Preneed Accounts Receivable Gross	1,335,300	1,287,722
Accounts Receivable, Allowance for Credit Loss, Noncurrent	(21,283)	(20,727)
Accounts Receivable, Noncurrent, Originated in Current Fiscal Year	169,734
Accounts Receivable, Noncurrent, Originated in Fiscal Year before Latest Fiscal Year	540,003
Accounts Receivable, Noncurrent, Originated Two Years before Latest Fiscal Year	310,945
Accounts Receivable, Noncurrent, Originated Three Years before Latest Fiscal Year	150,023
Accounts Receivable, Noncurrent, Originated Four Years before Latest Fiscal Year	78,010
Accounts Receivable, Noncurrent, Originated Five or More Years before Latest Fiscal Year	65,168
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Writeoff	1,027
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(1,579)
Effect of Foreign Exchange on Allowance for Credit Loss	(4)
Financing Receivables 30 To 90 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	24,919
Financing Receivables 91 To180 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	4,048
Financing Receivables, Equal to Greater than 180 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	28,333
Financial Receivables, 1 to 29 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	36,856
Funeral [Member]
Total Preneed receivables, Past Due	27,766
Preneed Receivable, Not Past Due	130,132
Accounts Receivable, before Allowance for Credit Loss, Noncurrent	157,898	150,145
Deferred Discounts, Finance Charges and Interest Included in Receivables	(11,709)	(12,038)
Accounts Receivable, after Allowance for Credit Loss, Noncurrent	144,721	137,423
Preneed Accounts Receivable Gross	169,607	162,183
Accounts Receivable, Allowance for Credit Loss, Noncurrent	(13,177)	(12,722)
Accounts Receivable, Noncurrent, Originated in Current Fiscal Year	24,522
Accounts Receivable, Noncurrent, Originated in Fiscal Year before Latest Fiscal Year	61,712
Accounts Receivable, Noncurrent, Originated Two Years before Latest Fiscal Year	32,845
Accounts Receivable, Noncurrent, Originated Three Years before Latest Fiscal Year	18,626
Accounts Receivable, Noncurrent, Originated Four Years before Latest Fiscal Year	6,279
Accounts Receivable, Noncurrent, Originated Five or More Years before Latest Fiscal Year	13,914
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Writeoff	869
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(1,323)
Effect of Foreign Exchange on Allowance for Credit Loss	(1)
Funeral [Member] \| Financing Receivables 30 To 90 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	2,668
Funeral [Member] \| Financing Receivables 91 To180 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	1,827
Funeral [Member] \| Financing Receivables, Equal to Greater than 180 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	19,264
Funeral [Member] \| Financial Receivables, 1 to 29 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	4,007
Cemetery [Member]
Total Preneed receivables, Past Due	66,390
Preneed Receivable, Not Past Due	1,089,595
Accounts Receivable, before Allowance for Credit Loss, Noncurrent	1,155,985	1,114,363
Deferred Discounts, Finance Charges and Interest Included in Receivables	(9,708)	(11,176)
Accounts Receivable, after Allowance for Credit Loss, Noncurrent	1,147,879	1,106,358
Preneed Accounts Receivable Gross	1,165,693	1,125,539
Accounts Receivable, Allowance for Credit Loss, Noncurrent	(8,106)	$ (8,005)
Accounts Receivable, Noncurrent, Originated in Current Fiscal Year	145,212
Accounts Receivable, Noncurrent, Originated in Fiscal Year before Latest Fiscal Year	478,291
Accounts Receivable, Noncurrent, Originated Two Years before Latest Fiscal Year	278,100
Accounts Receivable, Noncurrent, Originated Three Years before Latest Fiscal Year	131,397
Accounts Receivable, Noncurrent, Originated Four Years before Latest Fiscal Year	71,731
Accounts Receivable, Noncurrent, Originated Five or More Years before Latest Fiscal Year	51,254
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Writeoff	158
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(256)
Effect of Foreign Exchange on Allowance for Credit Loss	(3)
Cemetery [Member] \| Financing Receivables 30 To 90 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	22,251
Cemetery [Member] \| Financing Receivables 91 To180 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	2,221
Cemetery [Member] \| Financing Receivables, Equal to Greater than 180 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	9,069
Cemetery [Member] \| Financial Receivables, 1 to 29 Days Past Due [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Noncurrent, Past Due [Table]	$ 32,849

Preneed Activities Preneed Ac_2

Preneed Activities Preneed Activities Deferred Preneed Revenues - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Deferred Preneed Revenues [Roll Forward]
Deferred revenue and deferred receipts held in trust	$ 6,141,979	$ 5,923,905	$ 6,299,240	$ 5,761,291
Net preneed contract sales	391,243	313,483
Acquisitions (dispositions) of businesses, net	269	(441)
Net investment (losses) earnings	(201,580)	146,160
Change in amounts due for unfulfilled performance obligations	(36,201)	(10,387)
Recognized Revenue From Backlog	(176,913)	(156,461)
Recognized Revenue From Current Period	(138,905)	(133,633)
Change in cancellation allowance	(146)	113
Effect of foreign currency and other	$ 4,972	$ 3,780

Nature of Operations Level 1 (N

Nature of Operations Level 1 (Notes)	3 Months Ended
Nature of Operations Level 1 (Notes)	Mar. 31, 2022
Nature of Operations [Abstract]
Nature of Operations [Text Block]	Nature of Operations

Summary of Significant Accounti

Summary of Significant Accounting Policies Level 1 (Notes)	3 Months Ended
Summary of Significant Accounting Policies Level 1 (Notes)	Mar. 31, 2022
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Summary of Significant Accounting Policies Principles of Consolidation and Basis of Presentation Our consolidated financial statements include the accounts of Service Corporation International and all subsidiaries in which we hold a controlling financial interest. Intercompany balances and transactions have been eliminated in consolidation. Our unaudited condensed consolidated financial statements also include the accounts of the merchandise and service trusts and cemetery perpetual care trusts in which we have a variable interest and are the primary beneficiary. We have retained the specialized industry accounting principles when consolidating the trusts. Although we consolidate the trusts, it does not change the legal relationships among the trusts, us, or our customers. The customers are the legal beneficiaries of these trusts; therefore, their interests in these trusts represent a liability to us. Certain reclassifications have been made to prior period amounts to conform to the current period financial statement presentation with no effect on our consolidated net income or cash flows. Our interim condensed consolidated financial statements are unaudited but include all adjustments, consisting of normal recurring accruals and any other adjustments, which management considers necessary for a fair statement of our results for these periods. Our unaudited condensed consolidated financial statements have been prepared in a manner consistent with the accounting policies described in our Annual Report on Form 10-K for the year ended December 31, 2021, unless otherwise disclosed herein, and should be read in conjunction therewith. The accompanying year-end Condensed Consolidated Balance Sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. Operating results for interim periods are not necessarily indicative of the results that may be expected for the full year period. Use of Estimates in the Preparation of Financial Statements The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. As a result, actual results could differ from these estimates. Cash, Cash Equivalents, and Restricted Cash We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. The carrying amounts of our cash and cash equivalents approximate fair value due to the short-term nature of these instruments. The components of cash, cash equivalents, and restricted cash were as follows: March 31, 2022 December 31, 2021 (In thousands) Cash and cash equivalents $ 300,556 $ 268,626 Restricted cash (1) Included in Other current assets 3,291 7,847 Included in Deferred charges and other assets, net 2,085 2,082 Total restricted cash 5,376 9,929 Total cash, cash equivalents, and restricted cash $ 305,932 $ 278,555 (1) Restricted cash in both periods primarily consists of proceeds from divestitures deposited into escrow accounts under IRS code section 1031 and collateralized obligations under certain insurance policies. Receivables, net The components of Receivables, net in our unaudited Condensed Consolidated Balance Sheet were as follows: March 31, 2022 Atneed Funeral Atneed Cemetery Miscellaneous Current Portion of Notes Total (In thousands) Receivables $ 42,171 $ 27,108 $ 39,329 $ 275 $ 108,883 Reserve for credit losses (3,467) (1,876) (345) (161) (5,849) Receivables, net $ 38,704 $ 25,232 $ 38,984 $ 114 $ 103,034 December 31, 2021 Atneed Funeral Atneed Cemetery Miscellaneous Current Portion of Notes Total (In thousands) Receivables $ 49,011 $ 27,461 $ 35,650 $ 267 $ 112,389 Reserve for credit losses (3,597) (2,231) (344) (166) (6,338) Receivables, net $ 45,414 $ 25,230 $ 35,306 $ 101 $ 106,051 Additionally, included in Deferred charges and other assets, net were long-term miscellaneous receivables, net and notes receivable, net as follows: March 31, 2022 December 31, 2021 (In thousands) Notes receivable $ 8,846 $ 8,684 Reserve for credit losses (2,798) (3,424) Notes receivable, net $ 6,048 $ 5,260 Long-term miscellaneous receivables $ 7,880 $ 8,146 Reserve for credit losses (1,119) (1,153) Long-term miscellaneous receivables, net $ 6,761 $ 6,993 The following table summarizes the activity in our reserve for credit losses by portfolio segment, excluding preneed receivables which are presented in Note 3, for the three months ended March 31, 2022: December 31, 2021 (Provision) benefit for Expected Credit Losses Acquisitions Write Offs Recoveries Effect of Foreign Currency and Other March 31, 2022 (In thousands) Trade receivables: Funeral $ (3,597) $ (1,708) $ (99) $ 2,196 $ (365) $ 106 $ (3,467) Cemetery (2,231) 170 (48) 297 (63) (1) (1,876) Total reserve for credit losses on trade receivables $ (5,828) $ (1,538) $ (147) $ 2,493 $ (428) $ 105 $ (5,343) Miscellaneous receivables: Current $ (344) $ (1) $ — $ — $ — $ — $ (345) Long-term (1,153) 34 — — — — (1,119) Total reserve for credit losses on miscellaneous receivables $ (1,497) $ 33 $ — $ — $ — $ — $ (1,464) Notes receivable $ (3,590) $ 6 $ — $ 625 $ — $ — $ (2,959) At March 31, 2022, the amortized cost basis of our miscellaneous and notes receivables by year of origination was as follows: 2022 2021 2020 2019 2018 Prior Revolving Line of Credit Total (In thousands) Miscellaneous receivables: Current $ 37,445 $ 905 $ 442 $ 378 $ 152 $ 7 $ — $ 39,329 Long-term 1,173 3,175 1,440 1,618 443 31 — 7,880 Total miscellaneous receivables $ 38,618 $ 4,080 $ 1,882 $ 1,996 $ 595 $ 38 $ — $ 47,209 Notes receivable $ — $ — $ — $ 93 $ — $ 4,927 $ 4,101 $ 9,121 At March 31, 2022, the payment status of our miscellaneous and notes receivables was as follows: Past Due <30 Days 30-90 Days 90-180 Days >180 Days Total Current Total (In thousands) Miscellaneous receivables: Current $ — $ 9 $ 5 $ 205 $ 219 $ 39,110 $ 39,329 Long-term — — — — — 7,880 7,880 Total miscellaneous receivables $ — $ 9 $ 5 $ 205 $ 219 $ 46,990 $ 47,209 Notes receivable $ 2 $ 2 $ 5 $ 1,119 $ 1,128 $ 7,993 $ 9,121 Recently Issued Accounting Standards Business Combinations In October 2021, the Financial Accounting Standards Board ("FASB") amended guidance to require that an acquirer recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606. Generally, this new guidance will result in the Company recognizing contract assets and contract liabilities consistent with those reported by the acquiree immediately before the acquisition date. The standard will be effective for all acquisitions after December 31, 2022, although early adoption is permitted. We are still evaluating the impact of adoption on our consolidated results of operations, consolidated financial position, and cash flows. Financial Instruments In March 2022, the FASB amended guidance to require public companies to disclose the vintage year of receivable write-offs during the reporting period. This new disclosure is required for us beginning with our Form 10-Q for the three months ended March 31, 2023 and we will add the additional disclosures if write-offs during the period are material. This standard has no impact on our consolidated results of operations, consolidated financial position, and cash flows.

Preneed Activities Level 1 (Not

Preneed Activities Level 1 (Notes)	3 Months Ended
Preneed Activities Level 1 (Notes)	Mar. 31, 2022
Preneed Activities [Abstract]
Preneed Activities Text Block	Preneed Activities Preneed receivables, net and trust investments The components of Preneed receivables, net and trust investments in our unaudited Condensed Consolidated Balance Sheet were as follows: March 31, 2022 December 31, 2021 (In thousands) Preneed receivables, net $ 1,292,600 $ 1,243,781 Trust investments, at market 6,243,312 6,536,851 Insurance-backed fixed income securities and other 228,612 231,589 Trust investments 6,471,924 6,768,440 Less: Cemetery perpetual care trust investments (1,894,068) (1,996,898) Preneed trust investments 4,577,856 4,771,542 Preneed receivables, net and trust investments $ 5,870,456 $ 6,015,323 Preneed receivables, net comprised the following: March 31, 2022 Funeral Cemetery Total (In thousands) Preneed receivables $ 169,607 $ 1,165,693 $ 1,335,300 Unearned finance charges (11,709) (9,708) (21,417) Preneed receivables, at amortized cost 157,898 1,155,985 1,313,883 Reserve for credit losses (13,177) (8,106) (21,283) Preneed receivables, net $ 144,721 $ 1,147,879 $ 1,292,600 December 31, 2021 Funeral Cemetery Total (In thousands) Preneed receivables $ 162,183 $ 1,125,539 $ 1,287,722 Unearned finance charges (12,038) (11,176) (23,214) Preneed receivables, at amortized cost 150,145 1,114,363 1,264,508 Reserve for credit losses (12,722) (8,005) (20,727) Preneed receivables, net $ 137,423 $ 1,106,358 $ 1,243,781 At March 31, 2022, the amortized cost basis of our preneed receivables by year of origination was as follows: 2022 2021 2020 2019 2018 Prior Total (In thousands) Preneed receivables, at amortized cost: Funeral $ 24,522 $ 61,712 $ 32,845 $ 18,626 $ 6,279 $ 13,914 $ 157,898 Cemetery 145,212 478,291 278,100 131,397 71,731 51,254 1,155,985 Total preneed receivables, at amortized cost $ 169,734 $ 540,003 $ 310,945 $ 150,023 $ 78,010 $ 65,168 $ 1,313,883 At March 31, 2022, the payment status of our preneed receivables was as follows: Past Due <30 Days 30-90 Days 90-180 Days >180 Days Total Current Total (In thousands) Preneed receivables, at amortized cost: Funeral $ 4,007 $ 2,668 $ 1,827 $ 19,264 $ 27,766 $ 130,132 $ 157,898 Cemetery 32,849 22,251 2,221 9,069 66,390 1,089,595 1,155,985 Total preneed receivables, at amortized cost $ 36,856 $ 24,919 $ 4,048 $ 28,333 $ 94,156 $ 1,219,727 $ 1,313,883 The following table summarizes the activity for the reserve for credit losses on preneed receivables for the three months ended March 31, 2022: December 31, 2021 Provision for Expected Credit Losses Write Offs Effect of Foreign Currency March 31, 2022 (In thousands) Funeral $ (12,722) $ (1,323) $ 869 $ (1) $ (13,177) Cemetery (8,005) (256) 158 (3) (8,106) Total reserve for credit losses on preneed receivables $ (20,727) $ (1,579) $ 1,027 $ (4) $ (21,283) The table below sets forth certain investment-related activities associated with our trusts: Three months ended March 31, 2022 2021 (In thousands) Deposits $ 127,972 $ 120,283 Withdrawals $ 122,364 $ 112,580 Purchases of securities $ 469,312 $ 431,801 Sales of securities $ 394,424 $ 427,503 Realized gains from sales of securities (1) $ 103,555 $ 130,187 Realized losses from sales of securities (1) $ (27,932) $ (16,168) (1) All realized gains and losses are recognized in Other income, net for our trust investments and are offset by a corresponding reclassification in Other income, net to Deferred receipts held in trust and Care trusts’ corpus. The cost and market values associated with trust investments recorded at market value are detailed below. Cost reflects the investment (net of redemptions) of control holders in the trusts. Fair value represents the value of the underlying securities held by the trusts. March 31, 2022 Fair Value Hierarchy Level Cost Unrealized Unrealized Value (In thousands) Fixed income securities: U.S. Treasury 2 $ 51,565 $ 299 $ (1,043) $ 50,821 Canadian government 2 30,012 22 (1) 30,033 Corporate 2 175 2 (4) 173 Residential mortgage-backed 2 1,402 12 (41) 1,373 Asset-backed 2 218 1 (23) 196 Equity securities: Preferred stock 2 4,670 7 (656) 4,021 Common stock: United States 1 1,704,750 466,482 (99,739) 2,071,493 Canada 1 46,313 21,123 (5,844) 61,592 Other international 1 141,765 23,727 (16,564) 148,928 Mutual funds: Equity 1 890,185 122,597 (45,197) 967,585 Fixed income 1 1,094,784 17,540 (64,350) 1,047,974 Other 3 187 1 — 188 Trust investments, at fair value 3,966,026 651,813 (233,462) 4,384,377 Commingled funds Fixed income 677,856 84,337 (22,753) 739,440 Equity 231,312 129,968 (1,155) 360,125 Money market funds 322,089 — — 322,089 Alternative investments 292,485 146,733 (1,937) 437,281 Trust investments, at net asset value 1,523,742 361,038 (25,845) 1,858,935 Trust investments, at market $ 5,489,768 $ 1,012,851 $ (259,307) $ 6,243,312 December 31, 2021 Fair Value Hierarchy Level Cost Unrealized Unrealized Value (In thousands) Fixed income securities: U.S. Treasury 2 $ 51,002 $ 795 $ (283) $ 51,514 Canadian government 2 29,881 28 — 29,909 Corporate 2 170 6 (2) 174 Residential mortgage-backed 2 1,407 58 (15) 1,450 Asset-backed 2 274 2 (10) 266 Equity securities: Preferred stock 2 4,843 4 (1,024) 3,823 Common stock: United States 1 1,648,785 624,349 (56,092) 2,217,042 Canada 1 34,787 19,617 (898) 53,506 Other international 1 129,486 42,171 (9,819) 161,838 Mutual funds: Equity 1 875,828 140,893 (10,116) 1,006,605 Fixed income 1 1,025,327 12,560 (18,675) 1,019,212 Other 3 187 1 — 188 Trust investments, at fair value 3,801,977 840,484 (96,934) 4,545,527 Commingled funds Fixed income 662,125 115,939 (3,171) 774,893 Equity 230,926 161,125 (114) 391,937 Money market funds 408,762 — — 408,762 Alternative investments 292,888 128,197 (5,353) 415,732 Trust investments, at net asset value 1,594,701 405,261 (8,638) 1,991,324 Trust investments, at market $ 5,396,678 $ 1,245,745 $ (105,572) $ 6,536,851 Our alternative investments include funds invested in limited partnerships with interests in private equity, private market real estate, energy and natural resources, infrastructure, transportation, and private debt including both distressed debt and mezzanine financing. These investments can never be redeemed by the funds. Instead, due to the nature of the investments in this category, distributions are received through the liquidation of the underlying assets of the funds. The funds' managers have not communicated the timing of any liquidations. The change in our market-based trust investments with significant unobservable inputs (Level 3) is as follows: Three months ended March 31, 2022 2021 (In thousands) Fair value, beginning balance $ 188 $ 190 Net realized and unrealized (losses) included in Other income, net (1) — (1) Fair value, ending balance $ 188 $ 189 (1) All net realized and unrealized (losses) recognized in Other income, net for our trust investments are offset by a corresponding reclassification in Other income, net to Deferred receipts held in trust and Care trusts' corpus . Maturity dates of our fixed income securities range from 2022 to 2040. Maturities of fixed income securities (excluding mutual funds) at March 31, 2022 are estimated as follows: Fair Value (In thousands) Due in one year or less $ 52,873 Due in one to five years 24,526 Due in five to ten years 4,996 Thereafter 201 Total estimated maturities of fixed income securities $ 82,596 Recognized trust fund income (realized and unrealized) related to our preneed trust investments was $45.9 million and $45.0 million, for the three months ended March 31, 2022 and 2021, respectively. Recognized trust fund income (realized and unrealized) related to our cemetery perpetual care trust investments was $24.4 million and $20.8 million for the three months ended March 31, 2022 and 2021, respectively. Deferred revenue, net Deferred revenue, net represents future revenue, including distributed trust investment earnings associated with unperformed trust-funded preneed contracts that are not held in trust accounts. Future revenue and net trust investment earnings that are held in trust accounts are included in Deferred receipts held in trust . The components of Deferred revenue, net in our unaudited Condensed Consolidated Balance Sheet were as follows: March 31, 2022 December 31, 2021 (In thousands) Deferred revenue $ 2,330,418 $ 2,259,364 Amounts due from customers for unfulfilled performance obligations on cancelable preneed contracts (763,201) (726,615) Deferred revenue, net $ 1,567,217 $ 1,532,749 The following table summarizes the activity for our contract liabilities, which are reflected in Deferred revenue, net and Deferred receipts held in trust : Three months ended March 31, 2022 2021 (In thousands) Beginning balance — Deferred revenue, net and Deferred receipts held in trust $ 6,299,240 $ 5,761,291 Net preneed contract sales 391,243 313,483 (Dispositions) acquisitions of businesses, net 269 (441) Net investment (losses) gains (1) (201,580) 146,160 Recognized revenue from backlog (2) (176,913) (156,461) Recognized revenue from current period sales (138,905) (133,633) Change in amounts due on unfulfilled performance obligations (36,201) (10,387) Change in cancellation reserve (146) 113 Effect of foreign currency and other 4,972 3,780 Ending balance — Deferred revenue, net and Deferred receipts held in trust $ 6,141,979 $ 5,923,905 (1) Includes both realized and unrealized investment (losses) gains. (2) Includes current year trust fund income through the date of performance.

Income Taxes Level 1 (Notes)

Income Taxes Level 1 (Notes)	3 Months Ended
Income Taxes Level 1 (Notes)	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Tax Disclosure	Income Taxes Income tax expense during interim periods is based on our estimated annual effective income tax rate plus any discrete items, which are recorded in the period in which they occur. Discrete items include, among others, such events as changes in estimates due to the finalization of tax returns, tax audit settlements, expiration of statutes of limitation, and increases or decreases in valuation allowances on deferred tax assets. Our effective tax rate was 26.0% and 25.3% for the three months ended March 31, 2022 and 2021, respectively. The higher effective tax rate for the three months ended March 31, 2022 was primarily due to a decrease in the cash value of certain life insurance policies due to negative returns in the financial markets, which lowered a tax benefit for us in the quarter. The effective tax rate for the three months ended March 31, 2022 was higher than the federal statutory tax rate of 21% primarily due to state and foreign tax expenses. Unrecognized Tax Benefits As of March 31, 2022, the total amount of our unrecognized tax benefits was $1.3 million and the total amount of our accrued interest was $0.8 million.

Debt Level 1 (Notes)

Debt Level 1 (Notes)	3 Months Ended
Debt Level 1 (Notes)	Mar. 31, 2022
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Debt The components of Debt are: March 31, 2022 December 31, 2021 (In thousands) 7.5% Senior Notes due April 2027 $ 152,710 $ 152,710 4.625% Senior Notes due December 2027 550,000 550,000 5.125% Senior Notes due June 2029 750,000 750,000 3.375% Senior Notes due August 2030 850,000 850,000 4.0% Senior Notes due May 2031 800,000 800,000 Term Loan due May 2024 560,625 568,750 Bank Credit Facility due May 2024 230,000 155,000 Obligations under finance leases 130,039 136,847 Mortgage notes and other debt, maturities through 2050 47,180 48,113 Unamortized debt issuance costs (43,747) (45,100) Total debt 4,026,807 3,966,320 Less: Current maturities of long-term debt (63,863) (65,016) Total long-term debt $ 3,962,944 $ 3,901,304 Current maturities of debt at March 31, 2022 include amounts due under our term loan, mortgage notes and other debt, and finance lease payments due within the next year as well as the portion of unamortized debt issuance costs expected to be recognized in the next twelve months. Our consolidated debt had a weighted average interest rate of 3.73% and 3.70% at March 31, 2022 and December 31, 2021, respectively. Approximately, 78% and 79% of our total debt had a fixed interest rate at March 31, 2022 and December 31, 2021, respectively. During the three months ended March 31, 2022 and 2021, we paid $17.7 million and $20.1 million in cash interest, respectively. Bank Credit Facility The Bank Credit Facility provides us with flexibility for working capital, if needed, and is guaranteed by a majority of our domestic subsidiaries. The subsidiary guaranty is a guaranty of payment of the outstanding amount of the total lending commitment, including letters of credit. The Bank Credit Facility contains certain financial covenants, including a minimum interest coverage ratio, a maximum leverage ratio, and certain dividend and share repurchase restrictions. As of March 31, 2022, we were in compliance with all of our debt covenants. We issued $33.7 million of letters of credit and pay a quarterly fee on the unused commitment, which was 0.10% at March 31, 2022. As of March 31, 2022, we had $736.3 million in borrowing capacity under the Bank Credit Facility. The Bank Credit Facility had an interest rate of 1.46% and 1.11% at March 31, 2022 and December 31, 2021, respectively. Debt Issuances and Additions During the three months ended March 31, 2022 and 2021, we drew $75.0 million and $20.0 million on our Bank Credit Facility for general corporate purposes, respectively. Debt Extinguishments and Reductions During the three months ended March 31, 2022, we made aggregate debt payments of $9.1 million for scheduled and early extinguishment payments including: • $8.1 million in aggregate principal of our Term Loan due May 2024; • $1.0 million in other debt. During the three months ended March 31, 2021, we made aggregate debt payments of $109.0 million for scheduled and early extinguishment payments including:

Credit Risk and Fair Value of F

Credit Risk and Fair Value of Financial Instruments Level 1 (Notes)	3 Months Ended
	Mar. 31, 2022
Credit Risk and Fair Value of Financial Instruments [Abstract]
Credit Risk and Fair Value of Financial Instruments [Text Block]	Credit Risk and Fair Value of Financial Instruments Fair Value Estimates The fair value estimates of the following financial instruments have been determined using available market information and appropriate valuation methodologies. The carrying values of cash and cash equivalents, trade receivables, and trade payables approximate the fair values of those instruments due to the short-term nature of the instruments. The carrying values of receivables on preneed funeral and cemetery contracts approximate fair value due to the large number of diverse individual contracts with varying terms. The fair value of our debt instruments at March 31, 2022 and December 31, 2021 was as follows: March 31, 2022 December 31, 2021 (In thousands) 7.5% Senior Notes due April 2027 $ 166,837 $ 181,511 4.625% Senior Notes due December 2027 556,023 575,443 5.125% Senior Notes due June 2029 760,342 809,737 3.375% Senior Notes due August 2030 769,250 836,825 4.0% Senior Notes due May 2031 747,552 813,552 Term Loan due May 2024 560,625 568,750 Bank Credit Facility due May 2024 230,000 155,000 Mortgage notes and other debt, maturities through 2050 44,795 46,878 Total fair value of debt instruments $ 3,835,424 $ 3,987,696 The fair values of our long-term, fixed rate loans were estimated using market prices for those loans, and therefore they are classified within Level 2 of the fair value measurements hierarchy. The Term Loan, Bank Credit Facility, and the mortgage and other debt are classified within Level 3 of the fair value measurements hierarchy. The fair values of these instruments have been estimated using discounted cash flow analysis based on our incremental borrowing rate for similar borrowing arrangements. An increase (decrease) in the inputs results in a directionally opposite change in the fair value of the instruments.

Commitments and Contingencies L

Commitments and Contingencies Level 1 (Notes)	3 Months Ended
Commitments and Contingencies Level 1 (Notes)	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Commitments and Contingencies Insurance Loss Reserves We purchase comprehensive general liability, morticians and cemetery professional liability, automobile liability, and workers’ compensation insurance coverage structured with high deductibles. The high-deductible insurance program means we are primarily self-insured for claims and associated costs and losses covered by these policies. As of March 31, 2022 and December 31, 2021, we had self-insurance reserves of $95.0 million and $94.3 million, respectively. Litigation and Regulatory Matters

Equity Level 1 (Notes)

Equity Level 1 (Notes)	3 Months Ended
Equity Level 1 (Notes)	Mar. 31, 2022
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	Equity (All shares reported in whole numbers) Share Repurchase Program Subject to market conditions, normal trading restrictions, and limitations in our debt covenants, we may make purchases in the open market or through privately negotiated transactions under our share repurchase program. During the three months ended March 31, 2022, we repurchased 4,104,234 shares of common stock at an aggregate cost of $256.4 million, which is an average cost per share of $62.47. After these repurchases and the increase in our share repurchase authorization , the remaining dollar value of shares authorized to be purchased under the share repurchase program was $240.3 million at March 31, 2022. Subsequent to March 31, 2022, we repurchased 509,020 shares for $34.2 million at an average cost per share of $67.19. After these repurchases, the remaining dollar value of shares authorized to be purchased under the share repurchase program is $206.1 million.

Segment Reporting Level 1 (Note

Segment Reporting Level 1 (Notes)	3 Months Ended
Segment Reporting Level 1 (Notes)	Mar. 31, 2022
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Segment Reporting Our operations are both product-based and geographically-based, and the reportable operating segments presented below include our funeral and cemetery operations. Our geographic areas include the United States and Canada, where we conduct both funeral and cemetery operations. Our reportable segment information, including disaggregated revenue, was as follows and includes a reconciliation of gross profit to our consolidated income before income taxes. Three months ended March 31, 2022 2021 (In thousands) Revenue from customers: Funeral revenue: Atneed revenue $ 353,369 $ 338,070 Matured preneed revenue 194,927 190,189 Core funeral revenue 548,296 528,259 Non-funeral home revenue 20,810 19,729 Recognized preneed revenue 43,122 41,749 Other revenue 36,869 29,701 Total funeral revenue 649,097 619,438 Cemetery revenue: Atneed revenue 123,389 124,621 Recognized preneed property revenue 221,539 218,274 Recognized preneed merchandise and services revenue 85,000 85,818 Core cemetery revenue 429,928 428,713 Other revenue 33,378 29,830 Total cemetery revenue 463,306 458,543 Total revenue from customers $ 1,112,403 $ 1,077,981 Gross profit: Funeral gross profit $ 195,983 $ 194,386 Cemetery gross profit 180,930 188,057 Gross profit from reportable segments 376,913 382,443 Corporate general and administrative expenses (41,704) (41,669) Gains on divestitures and impairment charges, net 489 1,266 Operating income 335,698 342,040 Interest expense (39,028) (35,812) Other income, net 128 341 Income before income taxes $ 296,798 $ 306,569 Our geographic area information was as follows: United States Canada Total (In thousands) Three months ended March 31, Revenue from external customers: 2022 $ 1,050,620 $ 61,783 $ 1,112,403 2021 $ 1,019,970 $ 58,011 $ 1,077,981

Earnings Per Share Level 1 (Not

Earnings Per Share Level 1 (Notes)	3 Months Ended
Earnings Per Share Level 1 (Notes)	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Earnings Per Share Basic earnings per common share (EPS) excludes dilution and is computed by dividing Net income attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other obligations to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that shared in our earnings. A reconciliation of the numerators and denominators of basic and diluted EPS is presented below: Three months ended March 31, 2022 2021 (In thousands, except per share amounts) Amounts attributable to common stockholders: Net income — basic and diluted $ 219,513 $ 228,879 Weighted average shares: Weighted average shares — basic 161,328 169,918 Stock options 2,402 2,390 Restricted share units 77 59 Weighted average shares — diluted 163,807 172,367 Amounts attributable to common stockholders: Earnings per share: Basic $ 1.36 $ 1.35 Diluted $ 1.34 $ 1.33 The computation of diluted EPS excludes outstanding stock options and restricted share units in certain periods in which the inclusion of such equity awards would be antidilutive to the periods presented. Total antidilutive options and restricted stock units not currently included in the computation of diluted earnings per share are as follows (in shares): Three months ended March 31, 2022 2021 (In thousands) Antidilutive options 274 1,276

Acquisition Level 1 (Notes)

Acquisition Level 1 (Notes)	3 Months Ended
Acquisition Level 1 (Notes)	Mar. 31, 2022
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Acquisitions We spent $0.2 million and $5.6 million, net of cash acquired, for several real estate acquisitions during the three months ended March 31, 2022 and 2021, respectively, and $1.2 million, net of cash acquired, for several business acquisitions during the three months ended March 31, 2021. Divestiture-Related Activities As divestitures occur in the normal course of business, gains or losses on the sale of such locations are recognized in the unaudited Condensed Consolidated Statement of Operations line item Gains on divestitures and impairment charges, net , which comprised the following: Three months ended March 31, 2022 2021 (In thousands) Gains on divestitures, net $ 701 $ 1,326 Impairment losses (212) (60) Gains on divestitures and impairment charges, net $ 489 $ 1,266

Summary of Significant Accoun_2

Summary of Significant Accounting Policies Level 2 (Policies)	3 Months Ended
	Mar. 31, 2022
Consolidation, Policy [Policy Text Block]	Principles of Consolidation and Basis of Presentation Our consolidated financial statements include the accounts of Service Corporation International and all subsidiaries in which we hold a controlling financial interest. Intercompany balances and transactions have been eliminated in consolidation. Our unaudited condensed consolidated financial statements also include the accounts of the merchandise and service trusts and cemetery perpetual care trusts in which we have a variable interest and are the primary beneficiary. We have retained the specialized industry accounting principles when consolidating the trusts. Although we consolidate the trusts, it does not change the legal relationships among the trusts, us, or our customers. The customers are the legal beneficiaries of these trusts; therefore, their interests in these trusts represent a liability to us. Certain reclassifications have been made to prior period amounts to conform to the current period financial statement presentation with no effect on our consolidated net income or cash flows. Our interim condensed consolidated financial statements are unaudited but include all adjustments, consisting of normal recurring accruals and any other adjustments, which management considers necessary for a fair statement of our results for these periods. Our unaudited condensed consolidated financial statements have been prepared in a manner consistent with the accounting policies described in our Annual Report on Form 10-K for the year ended December 31, 2021, unless otherwise disclosed herein, and should be read in conjunction therewith. The accompanying year-end Condensed Consolidated Balance Sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. Operating results for interim periods are not necessarily indicative of the results that may be expected for the full year period.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates in the Preparation of Financial Statements The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. As a result, actual results could differ from these estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash, Cash Equivalents, and Restricted Cash We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. The carrying amounts of our cash and cash equivalents approximate fair value due to the short-term nature of these instruments.
Accounts Receivable [Policy Text Block]	Receivables, net The components of Receivables, net in our unaudited Condensed Consolidated Balance Sheet were as follows: March 31, 2022 Atneed Funeral Atneed Cemetery Miscellaneous Current Portion of Notes Total (In thousands) Receivables $ 42,171 $ 27,108 $ 39,329 $ 275 $ 108,883 Reserve for credit losses (3,467) (1,876) (345) (161) (5,849) Receivables, net $ 38,704 $ 25,232 $ 38,984 $ 114 $ 103,034 December 31, 2021 Atneed Funeral Atneed Cemetery Miscellaneous Current Portion of Notes Total (In thousands) Receivables $ 49,011 $ 27,461 $ 35,650 $ 267 $ 112,389 Reserve for credit losses (3,597) (2,231) (344) (166) (6,338) Receivables, net $ 45,414 $ 25,230 $ 35,306 $ 101 $ 106,051 Additionally, included in Deferred charges and other assets, net were long-term miscellaneous receivables, net and notes receivable, net as follows: March 31, 2022 December 31, 2021 (In thousands) Notes receivable $ 8,846 $ 8,684 Reserve for credit losses (2,798) (3,424) Notes receivable, net $ 6,048 $ 5,260 Long-term miscellaneous receivables $ 7,880 $ 8,146 Reserve for credit losses (1,119) (1,153) Long-term miscellaneous receivables, net $ 6,761 $ 6,993 The following table summarizes the activity in our reserve for credit losses by portfolio segment, excluding preneed receivables which are presented in Note 3, for the three months ended March 31, 2022: December 31, 2021 (Provision) benefit for Expected Credit Losses Acquisitions Write Offs Recoveries Effect of Foreign Currency and Other March 31, 2022 (In thousands) Trade receivables: Funeral $ (3,597) $ (1,708) $ (99) $ 2,196 $ (365) $ 106 $ (3,467) Cemetery (2,231) 170 (48) 297 (63) (1) (1,876) Total reserve for credit losses on trade receivables $ (5,828) $ (1,538) $ (147) $ 2,493 $ (428) $ 105 $ (5,343) Miscellaneous receivables: Current $ (344) $ (1) $ — $ — $ — $ — $ (345) Long-term (1,153) 34 — — — — (1,119) Total reserve for credit losses on miscellaneous receivables $ (1,497) $ 33 $ — $ — $ — $ — $ (1,464) Notes receivable $ (3,590) $ 6 $ — $ 625 $ — $ — $ (2,959) At March 31, 2022, the amortized cost basis of our miscellaneous and notes receivables by year of origination was as follows: 2022 2021 2020 2019 2018 Prior Revolving Line of Credit Total (In thousands) Miscellaneous receivables: Current $ 37,445 $ 905 $ 442 $ 378 $ 152 $ 7 $ — $ 39,329 Long-term 1,173 3,175 1,440 1,618 443 31 — 7,880 Total miscellaneous receivables $ 38,618 $ 4,080 $ 1,882 $ 1,996 $ 595 $ 38 $ — $ 47,209 Notes receivable $ — $ — $ — $ 93 $ — $ 4,927 $ 4,101 $ 9,121 At March 31, 2022, the payment status of our miscellaneous and notes receivables was as follows: Past Due <30 Days 30-90 Days 90-180 Days >180 Days Total Current Total (In thousands) Miscellaneous receivables: Current $ — $ 9 $ 5 $ 205 $ 219 $ 39,110 $ 39,329 Long-term — — — — — 7,880 7,880 Total miscellaneous receivables $ — $ 9 $ 5 $ 205 $ 219 $ 46,990 $ 47,209 Notes receivable $ 2 $ 2 $ 5 $ 1,119 $ 1,128 $ 7,993 $ 9,121
Fair Value of Financial Instruments, Policy [Policy Text Block]	The fair values of our long-term, fixed rate loans were estimated using market prices for those loans, and therefore they are classified within Level 2 of the fair value measurements hierarchy. The Term Loan, Bank Credit Facility, and the mortgage and other debt are classified within Level 3 of the fair value measurements hierarchy. The fair values of these instruments have been estimated using discounted cash flow analysis based on our incremental borrowing rate for similar borrowing arrangements.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Standards Business Combinations In October 2021, the Financial Accounting Standards Board ("FASB") amended guidance to require that an acquirer recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606. Generally, this new guidance will result in the Company recognizing contract assets and contract liabilities consistent with those reported by the acquiree immediately before the acquisition date. The standard will be effective for all acquisitions after December 31, 2022, although early adoption is permitted. We are still evaluating the impact of adoption on our consolidated results of operations, consolidated financial position, and cash flows. Financial Instruments In March 2022, the FASB amended guidance to require public companies to disclose the vintage year of receivable write-offs during the reporting period. This new disclosure is required for us beginning with our Form 10-Q for the three months ended March 31, 2023 and we will add the additional disclosures if write-offs during the period are material. This standard has no impact on our consolidated results of operations, consolidated financial position, and cash flows.

Preneed Activities Level 3 (Tab

Preneed Activities Level 3 (Tables) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Preneed Activities [Abstract]
Investment related activities [Table Text Block]	Three months ended March 31, 2022 2021 (In thousands) Deposits $ 127,972 $ 120,283 Withdrawals $ 122,364 $ 112,580 Purchases of securities $ 469,312 $ 431,801 Sales of securities $ 394,424 $ 427,503 Realized gains from sales of securities (1) $ 103,555 $ 130,187 Realized losses from sales of securities (1) $ (27,932) $ (16,168)
Long-term receivable and investment components [Table Text Block]	March 31, 2022 December 31, 2021 (In thousands) Preneed receivables, net $ 1,292,600 $ 1,243,781 Trust investments, at market 6,243,312 6,536,851 Insurance-backed fixed income securities and other 228,612 231,589 Trust investments 6,471,924 6,768,440 Less: Cemetery perpetual care trust investments (1,894,068) (1,996,898) Preneed trust investments 4,577,856 4,771,542 Preneed receivables, net and trust investments $ 5,870,456 $ 6,015,323 Preneed receivables, net comprised the following: March 31, 2022 Funeral Cemetery Total (In thousands) Preneed receivables $ 169,607 $ 1,165,693 $ 1,335,300 Unearned finance charges (11,709) (9,708) (21,417) Preneed receivables, at amortized cost 157,898 1,155,985 1,313,883 Reserve for credit losses (13,177) (8,106) (21,283) Preneed receivables, net $ 144,721 $ 1,147,879 $ 1,292,600 December 31, 2021 Funeral Cemetery Total (In thousands) Preneed receivables $ 162,183 $ 1,125,539 $ 1,287,722 Unearned finance charges (12,038) (11,176) (23,214) Preneed receivables, at amortized cost 150,145 1,114,363 1,264,508 Reserve for credit losses (12,722) (8,005) (20,727) Preneed receivables, net $ 137,423 $ 1,106,358 $ 1,243,781
Preneed Funeral Receivables, Net and Trust Investments [Table Text Block]	The components of Preneed receivables, net and trust investments in our unaudited Condensed Consolidated Balance Sheet were as follows: March 31, 2022 December 31, 2021 (In thousands) Preneed receivables, net $ 1,292,600 $ 1,243,781 Trust investments, at market 6,243,312 6,536,851 Insurance-backed fixed income securities and other 228,612 231,589 Trust investments 6,471,924 6,768,440 Less: Cemetery perpetual care trust investments (1,894,068) (1,996,898) Preneed trust investments 4,577,856 4,771,542 Preneed receivables, net and trust investments $ 5,870,456 $ 6,015,323
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	March 31, 2022 Fair Value Hierarchy Level Cost Unrealized Unrealized Value (In thousands) Fixed income securities: U.S. Treasury 2 $ 51,565 $ 299 $ (1,043) $ 50,821 Canadian government 2 30,012 22 (1) 30,033 Corporate 2 175 2 (4) 173 Residential mortgage-backed 2 1,402 12 (41) 1,373 Asset-backed 2 218 1 (23) 196 Equity securities: Preferred stock 2 4,670 7 (656) 4,021 Common stock: United States 1 1,704,750 466,482 (99,739) 2,071,493 Canada 1 46,313 21,123 (5,844) 61,592 Other international 1 141,765 23,727 (16,564) 148,928 Mutual funds: Equity 1 890,185 122,597 (45,197) 967,585 Fixed income 1 1,094,784 17,540 (64,350) 1,047,974 Other 3 187 1 — 188 Trust investments, at fair value 3,966,026 651,813 (233,462) 4,384,377 Commingled funds Fixed income 677,856 84,337 (22,753) 739,440 Equity 231,312 129,968 (1,155) 360,125 Money market funds 322,089 — — 322,089 Alternative investments 292,485 146,733 (1,937) 437,281 Trust investments, at net asset value 1,523,742 361,038 (25,845) 1,858,935 Trust investments, at market $ 5,489,768 $ 1,012,851 $ (259,307) $ 6,243,312	December 31, 2021 Fair Value Hierarchy Level Cost Unrealized Unrealized Value (In thousands) Fixed income securities: U.S. Treasury 2 $ 51,002 $ 795 $ (283) $ 51,514 Canadian government 2 29,881 28 — 29,909 Corporate 2 170 6 (2) 174 Residential mortgage-backed 2 1,407 58 (15) 1,450 Asset-backed 2 274 2 (10) 266 Equity securities: Preferred stock 2 4,843 4 (1,024) 3,823 Common stock: United States 1 1,648,785 624,349 (56,092) 2,217,042 Canada 1 34,787 19,617 (898) 53,506 Other international 1 129,486 42,171 (9,819) 161,838 Mutual funds: Equity 1 875,828 140,893 (10,116) 1,006,605 Fixed income 1 1,025,327 12,560 (18,675) 1,019,212 Other 3 187 1 — 188 Trust investments, at fair value 3,801,977 840,484 (96,934) 4,545,527 Commingled funds Fixed income 662,125 115,939 (3,171) 774,893 Equity 230,926 161,125 (114) 391,937 Money market funds 408,762 — — 408,762 Alternative investments 292,888 128,197 (5,353) 415,732 Trust investments, at net asset value 1,594,701 405,261 (8,638) 1,991,324 Trust investments, at market $ 5,396,678 $ 1,245,745 $ (105,572) $ 6,536,851
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The change in our market-based trust investments with significant unobservable inputs (Level 3) is as follows: Three months ended March 31, 2022 2021 (In thousands) Fair value, beginning balance $ 188 $ 190 Net realized and unrealized (losses) included in Other income, net (1) — (1) Fair value, ending balance $ 188 $ 189 (1) All net realized and unrealized (losses) recognized in Other income, net for our trust investments are offset by a corresponding reclassification in Other income, net to Deferred receipts held in trust and Care trusts' corpus
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Three months ended March 31, 2022 2021 (In thousands) Fair value, beginning balance $ 188 $ 190 Net realized and unrealized (losses) included in Other income, net (1) — (1) Fair value, ending balance $ 188 $ 189
Preneed Activities Text Block	Preneed Activities Preneed receivables, net and trust investments The components of Preneed receivables, net and trust investments in our unaudited Condensed Consolidated Balance Sheet were as follows: March 31, 2022 December 31, 2021 (In thousands) Preneed receivables, net $ 1,292,600 $ 1,243,781 Trust investments, at market 6,243,312 6,536,851 Insurance-backed fixed income securities and other 228,612 231,589 Trust investments 6,471,924 6,768,440 Less: Cemetery perpetual care trust investments (1,894,068) (1,996,898) Preneed trust investments 4,577,856 4,771,542 Preneed receivables, net and trust investments $ 5,870,456 $ 6,015,323 Preneed receivables, net comprised the following: March 31, 2022 Funeral Cemetery Total (In thousands) Preneed receivables $ 169,607 $ 1,165,693 $ 1,335,300 Unearned finance charges (11,709) (9,708) (21,417) Preneed receivables, at amortized cost 157,898 1,155,985 1,313,883 Reserve for credit losses (13,177) (8,106) (21,283) Preneed receivables, net $ 144,721 $ 1,147,879 $ 1,292,600 December 31, 2021 Funeral Cemetery Total (In thousands) Preneed receivables $ 162,183 $ 1,125,539 $ 1,287,722 Unearned finance charges (12,038) (11,176) (23,214) Preneed receivables, at amortized cost 150,145 1,114,363 1,264,508 Reserve for credit losses (12,722) (8,005) (20,727) Preneed receivables, net $ 137,423 $ 1,106,358 $ 1,243,781 At March 31, 2022, the amortized cost basis of our preneed receivables by year of origination was as follows: 2022 2021 2020 2019 2018 Prior Total (In thousands) Preneed receivables, at amortized cost: Funeral $ 24,522 $ 61,712 $ 32,845 $ 18,626 $ 6,279 $ 13,914 $ 157,898 Cemetery 145,212 478,291 278,100 131,397 71,731 51,254 1,155,985 Total preneed receivables, at amortized cost $ 169,734 $ 540,003 $ 310,945 $ 150,023 $ 78,010 $ 65,168 $ 1,313,883 At March 31, 2022, the payment status of our preneed receivables was as follows: Past Due <30 Days 30-90 Days 90-180 Days >180 Days Total Current Total (In thousands) Preneed receivables, at amortized cost: Funeral $ 4,007 $ 2,668 $ 1,827 $ 19,264 $ 27,766 $ 130,132 $ 157,898 Cemetery 32,849 22,251 2,221 9,069 66,390 1,089,595 1,155,985 Total preneed receivables, at amortized cost $ 36,856 $ 24,919 $ 4,048 $ 28,333 $ 94,156 $ 1,219,727 $ 1,313,883 The following table summarizes the activity for the reserve for credit losses on preneed receivables for the three months ended March 31, 2022: December 31, 2021 Provision for Expected Credit Losses Write Offs Effect of Foreign Currency March 31, 2022 (In thousands) Funeral $ (12,722) $ (1,323) $ 869 $ (1) $ (13,177) Cemetery (8,005) (256) 158 (3) (8,106) Total reserve for credit losses on preneed receivables $ (20,727) $ (1,579) $ 1,027 $ (4) $ (21,283) The table below sets forth certain investment-related activities associated with our trusts: Three months ended March 31, 2022 2021 (In thousands) Deposits $ 127,972 $ 120,283 Withdrawals $ 122,364 $ 112,580 Purchases of securities $ 469,312 $ 431,801 Sales of securities $ 394,424 $ 427,503 Realized gains from sales of securities (1) $ 103,555 $ 130,187 Realized losses from sales of securities (1) $ (27,932) $ (16,168) (1) All realized gains and losses are recognized in Other income, net for our trust investments and are offset by a corresponding reclassification in Other income, net to Deferred receipts held in trust and Care trusts’ corpus. The cost and market values associated with trust investments recorded at market value are detailed below. Cost reflects the investment (net of redemptions) of control holders in the trusts. Fair value represents the value of the underlying securities held by the trusts. March 31, 2022 Fair Value Hierarchy Level Cost Unrealized Unrealized Value (In thousands) Fixed income securities: U.S. Treasury 2 $ 51,565 $ 299 $ (1,043) $ 50,821 Canadian government 2 30,012 22 (1) 30,033 Corporate 2 175 2 (4) 173 Residential mortgage-backed 2 1,402 12 (41) 1,373 Asset-backed 2 218 1 (23) 196 Equity securities: Preferred stock 2 4,670 7 (656) 4,021 Common stock: United States 1 1,704,750 466,482 (99,739) 2,071,493 Canada 1 46,313 21,123 (5,844) 61,592 Other international 1 141,765 23,727 (16,564) 148,928 Mutual funds: Equity 1 890,185 122,597 (45,197) 967,585 Fixed income 1 1,094,784 17,540 (64,350) 1,047,974 Other 3 187 1 — 188 Trust investments, at fair value 3,966,026 651,813 (233,462) 4,384,377 Commingled funds Fixed income 677,856 84,337 (22,753) 739,440 Equity 231,312 129,968 (1,155) 360,125 Money market funds 322,089 — — 322,089 Alternative investments 292,485 146,733 (1,937) 437,281 Trust investments, at net asset value 1,523,742 361,038 (25,845) 1,858,935 Trust investments, at market $ 5,489,768 $ 1,012,851 $ (259,307) $ 6,243,312 December 31, 2021 Fair Value Hierarchy Level Cost Unrealized Unrealized Value (In thousands) Fixed income securities: U.S. Treasury 2 $ 51,002 $ 795 $ (283) $ 51,514 Canadian government 2 29,881 28 — 29,909 Corporate 2 170 6 (2) 174 Residential mortgage-backed 2 1,407 58 (15) 1,450 Asset-backed 2 274 2 (10) 266 Equity securities: Preferred stock 2 4,843 4 (1,024) 3,823 Common stock: United States 1 1,648,785 624,349 (56,092) 2,217,042 Canada 1 34,787 19,617 (898) 53,506 Other international 1 129,486 42,171 (9,819) 161,838 Mutual funds: Equity 1 875,828 140,893 (10,116) 1,006,605 Fixed income 1 1,025,327 12,560 (18,675) 1,019,212 Other 3 187 1 — 188 Trust investments, at fair value 3,801,977 840,484 (96,934) 4,545,527 Commingled funds Fixed income 662,125 115,939 (3,171) 774,893 Equity 230,926 161,125 (114) 391,937 Money market funds 408,762 — — 408,762 Alternative investments 292,888 128,197 (5,353) 415,732 Trust investments, at net asset value 1,594,701 405,261 (8,638) 1,991,324 Trust investments, at market $ 5,396,678 $ 1,245,745 $ (105,572) $ 6,536,851 Our alternative investments include funds invested in limited partnerships with interests in private equity, private market real estate, energy and natural resources, infrastructure, transportation, and private debt including both distressed debt and mezzanine financing. These investments can never be redeemed by the funds. Instead, due to the nature of the investments in this category, distributions are received through the liquidation of the underlying assets of the funds. The funds' managers have not communicated the timing of any liquidations. The change in our market-based trust investments with significant unobservable inputs (Level 3) is as follows: Three months ended March 31, 2022 2021 (In thousands) Fair value, beginning balance $ 188 $ 190 Net realized and unrealized (losses) included in Other income, net (1) — (1) Fair value, ending balance $ 188 $ 189 (1) All net realized and unrealized (losses) recognized in Other income, net for our trust investments are offset by a corresponding reclassification in Other income, net to Deferred receipts held in trust and Care trusts' corpus . Maturity dates of our fixed income securities range from 2022 to 2040. Maturities of fixed income securities (excluding mutual funds) at March 31, 2022 are estimated as follows: Fair Value (In thousands) Due in one year or less $ 52,873 Due in one to five years 24,526 Due in five to ten years 4,996 Thereafter 201 Total estimated maturities of fixed income securities $ 82,596 Recognized trust fund income (realized and unrealized) related to our preneed trust investments was $45.9 million and $45.0 million, for the three months ended March 31, 2022 and 2021, respectively. Recognized trust fund income (realized and unrealized) related to our cemetery perpetual care trust investments was $24.4 million and $20.8 million for the three months ended March 31, 2022 and 2021, respectively. Deferred revenue, net Deferred revenue, net represents future revenue, including distributed trust investment earnings associated with unperformed trust-funded preneed contracts that are not held in trust accounts. Future revenue and net trust investment earnings that are held in trust accounts are included in Deferred receipts held in trust . The components of Deferred revenue, net in our unaudited Condensed Consolidated Balance Sheet were as follows: March 31, 2022 December 31, 2021 (In thousands) Deferred revenue $ 2,330,418 $ 2,259,364 Amounts due from customers for unfulfilled performance obligations on cancelable preneed contracts (763,201) (726,615) Deferred revenue, net $ 1,567,217 $ 1,532,749 The following table summarizes the activity for our contract liabilities, which are reflected in Deferred revenue, net and Deferred receipts held in trust : Three months ended March 31, 2022 2021 (In thousands) Beginning balance — Deferred revenue, net and Deferred receipts held in trust $ 6,299,240 $ 5,761,291 Net preneed contract sales 391,243 313,483 (Dispositions) acquisitions of businesses, net 269 (441) Net investment (losses) gains (1) (201,580) 146,160 Recognized revenue from backlog (2) (176,913) (156,461) Recognized revenue from current period sales (138,905) (133,633) Change in amounts due on unfulfilled performance obligations (36,201) (10,387) Change in cancellation reserve (146) 113 Effect of foreign currency and other 4,972 3,780 Ending balance — Deferred revenue, net and Deferred receipts held in trust $ 6,141,979 $ 5,923,905 (1) Includes both realized and unrealized investment (losses) gains. (2) Includes current year trust fund income through the date of performance.
Deferred Preneed Funeral Revenues [Table Text Block]	The following table summarizes the activity for our contract liabilities, which are reflected in Deferred revenue, net and Deferred receipts held in trust : Three months ended March 31, 2022 2021 (In thousands) Beginning balance — Deferred revenue, net and Deferred receipts held in trust $ 6,299,240 $ 5,761,291 Net preneed contract sales 391,243 313,483 (Dispositions) acquisitions of businesses, net 269 (441) Net investment (losses) gains (1) (201,580) 146,160 Recognized revenue from backlog (2) (176,913) (156,461) Recognized revenue from current period sales (138,905) (133,633) Change in amounts due on unfulfilled performance obligations (36,201) (10,387) Change in cancellation reserve (146) 113 Effect of foreign currency and other 4,972 3,780 Ending balance — Deferred revenue, net and Deferred receipts held in trust $ 6,141,979 $ 5,923,905 (1) Includes both realized and unrealized investment (losses) gains.
Accounts Receivable, after Allowance for Credit Loss, Noncurrent	$ 1,292,600		$ 1,243,781
Assets Held-in-trust	6,243,312		6,536,851
Insurance-backed fixed income securities and other [Line Items]	228,612		231,589
Cemetery perpetual care trust investments	$ (1,894,068)		$ (1,996,898)
Investments Classified by Contractual Maturity Date [Table Text Block]	Maturity dates of our fixed income securities range from 2022 to 2040. Maturities of fixed income securities (excluding mutual funds) at March 31, 2022 are estimated as follows: Fair Value (In thousands) Due in one year or less $ 52,873 Due in one to five years 24,526 Due in five to ten years 4,996 Thereafter 201 Total estimated maturities of fixed income securities $ 82,596

Debt Level 3 (Tables)

Debt Level 3 (Tables)	3 Months Ended
Debt Level 3 (Tables)	Mar. 31, 2022
Debt Instrument [Line Items]
Schedule of Debt [Table Text Block]	: March 31, 2022 December 31, 2021 (In thousands) 7.5% Senior Notes due April 2027 $ 152,710 $ 152,710 4.625% Senior Notes due December 2027 550,000 550,000 5.125% Senior Notes due June 2029 750,000 750,000 3.375% Senior Notes due August 2030 850,000 850,000 4.0% Senior Notes due May 2031 800,000 800,000 Term Loan due May 2024 560,625 568,750 Bank Credit Facility due May 2024 230,000 155,000 Obligations under finance leases 130,039 136,847 Mortgage notes and other debt, maturities through 2050 47,180 48,113 Unamortized debt issuance costs (43,747) (45,100) Total debt 4,026,807 3,966,320 Less: Current maturities of long-term debt (63,863) (65,016) Total long-term debt $ 3,962,944 $ 3,901,304

Credit Risk and Fair Value of_2

Credit Risk and Fair Value of Financial Instruments Level 3 (Tables)	3 Months Ended
	Mar. 31, 2022
Credit Risk and Fair Value of Financial Instruments [Abstract]
Fair Value, Measurement Inputs, Disclosure [Table Text Block]	The fair value of our debt instruments at March 31, 2022 and December 31, 2021 was as follows: March 31, 2022 December 31, 2021 (In thousands) 7.5% Senior Notes due April 2027 $ 166,837 $ 181,511 4.625% Senior Notes due December 2027 556,023 575,443 5.125% Senior Notes due June 2029 760,342 809,737 3.375% Senior Notes due August 2030 769,250 836,825 4.0% Senior Notes due May 2031 747,552 813,552 Term Loan due May 2024 560,625 568,750 Bank Credit Facility due May 2024 230,000 155,000 Mortgage notes and other debt, maturities through 2050 44,795 46,878 Total fair value of debt instruments $ 3,835,424 $ 3,987,696

Segment Reporting Level 3 (Tabl

Segment Reporting Level 3 (Tables)	3 Months Ended
Segment Reporting Level 3 (Tables)	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three months ended March 31, 2022 2021 (In thousands) Revenue from customers: Funeral revenue: Atneed revenue $ 353,369 $ 338,070 Matured preneed revenue 194,927 190,189 Core funeral revenue 548,296 528,259 Non-funeral home revenue 20,810 19,729 Recognized preneed revenue 43,122 41,749 Other revenue 36,869 29,701 Total funeral revenue 649,097 619,438 Cemetery revenue: Atneed revenue 123,389 124,621 Recognized preneed property revenue 221,539 218,274 Recognized preneed merchandise and services revenue 85,000 85,818 Core cemetery revenue 429,928 428,713 Other revenue 33,378 29,830 Total cemetery revenue 463,306 458,543 Total revenue from customers $ 1,112,403 $ 1,077,981 Gross profit: Funeral gross profit $ 195,983 $ 194,386 Cemetery gross profit 180,930 188,057 Gross profit from reportable segments 376,913 382,443 Corporate general and administrative expenses (41,704) (41,669) Gains on divestitures and impairment charges, net 489 1,266 Operating income 335,698 342,040 Interest expense (39,028) (35,812) Other income, net 128 341 Income before income taxes $ 296,798 $ 306,569
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]	Our geographic area information was as follows: United States Canada Total (In thousands) Three months ended March 31, Revenue from external customers: 2022 $ 1,050,620 $ 61,783 $ 1,112,403 2021 $ 1,019,970 $ 58,011 $ 1,077,981

Earnings Per Share Level 3 (Tab

Earnings Per Share Level 3 (Tables)	3 Months Ended
Earnings Per Share Level 3 (Tables)	Mar. 31, 2022
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	A reconciliation of the numerators and denominators of basic and diluted EPS is presented below: Three months ended March 31, 2022 2021 (In thousands, except per share amounts) Amounts attributable to common stockholders: Net income — basic and diluted $ 219,513 $ 228,879 Weighted average shares: Weighted average shares — basic 161,328 169,918 Stock options 2,402 2,390 Restricted share units 77 59 Weighted average shares — diluted 163,807 172,367 Amounts attributable to common stockholders: Earnings per share: Basic $ 1.36 $ 1.35 Diluted $ 1.34 $ 1.33
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three months ended March 31, 2022 2021 (In thousands) Antidilutive options 274 1,276

Acquisition Level 3 (Tables)

Acquisition Level 3 (Tables)	3 Months Ended
Acquisition Level 3 (Tables)	Mar. 31, 2022
Business Combinations [Abstract]
Gains (Losses) on Divestitures and Impairment Charges [Table Text Block]	Three months ended March 31, 2022 2021 (In thousands) Gains on divestitures, net $ 701 $ 1,326 Impairment losses (212) (60) Gains on divestitures and impairment charges, net $ 489 $ 1,266

Summary of Significant Accoun_3

Summary of Significant Accounting Policies, Textuals (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Accounts Receivable, before Allowance for Credit Loss, Current	$ 108,883,000		$ 112,389,000
Restricted Cash and Cash Equivalents	5,376,000		9,929,000
Restricted Cash, Current	3,291,000		7,847,000
Receivables, Net, Current, Total	103,034,000		106,051,000
Amortization of cemetery property	24,849,000	$ 28,929,000
Depreciation	42,436,000	$ 39,558,000
Other Assets, Current	26,488,000		40,448,000
Accounts Receivable, Allowance for Credit Loss	5,849,000		6,338,000
Accounts Receivable, Allowance for Credit Loss, Noncurrent	(21,283,000)		(20,727,000)
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Writeoff	1,027,000
Trade Accounts Receivable [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	(5,343,000)		(5,828,000)
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(1,538,000)
Financing Receivable, Allowance for Credit Loss, Recovery	(428,000)
Allowance For Credit Losses Foreign Currency Translation	105,000
Financing Receivable, Allowance for Credit Loss, Writeoff	2,493,000
Acquisitions (Divestitures), net	(147,000)
Notes Receivable [Member]
Note Receivable, Not Past Due	7,993,000
Financing Receivable, Allowance for Credit Loss, Noncurrent	2,798,000		3,424,000
Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent	9,121,000
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	(2,959,000)		(3,590,000)
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	6,000
Financing Receivable, Allowance for Credit Loss, Recovery	0
Allowance For Credit Losses Foreign Currency Translation	0
Financing Receivable, Allowance for Credit Loss, Writeoff	625,000
Financing Receivable, Originated in Current Fiscal Year	0
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	0
Financing Receivable, Originated Two Years before Latest Fiscal Year	0
Financing Receivable, Originated Three Years before Latest Fiscal Year	93,000
Financing Receivable, Originated Four Years before Latest Fiscal Year	0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	4,927,000
Financing Receivable, Allowance for Credit Loss, Noncurrent	(2,798,000)		(3,424,000)
Revolving Line of Credit	4,101,000
Total Note Receivable, Past Due	1,128,000
Acquisitions (Divestitures), net	0
Notes Receivable [Member] \| Note Receivable, 1 to 29 Days Past Due
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	2,000
Notes Receivable [Member] \| Note Receivable, 30 to 90 Days Past Due
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	2,000
Notes Receivable [Member] \| Note Receivables, 91 to 180 Days Past Due [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	5,000
Notes Receivable [Member] \| Note Receivables, Equal to Greater than 180 Days Past Due [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	1,119,000
Miscellaneous accounts receivable [Member]
Financing Receivable, Allowance for Credit Loss, Noncurrent	1,119,000		1,153,000
Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent	47,209,000
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	(1,464,000)		(1,497,000)
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	33,000
Financing Receivable, Allowance for Credit Loss, Recovery	0
Allowance For Credit Losses Foreign Currency Translation	0
Financing Receivable, Allowance for Credit Loss, Writeoff	0
Financing Receivable, Originated in Current Fiscal Year	38,618,000
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	4,080,000
Financing Receivable, Originated Two Years before Latest Fiscal Year	1,882,000
Financing Receivable, Originated Three Years before Latest Fiscal Year	1,996,000
Financing Receivable, Originated Four Years before Latest Fiscal Year	595,000
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	38,000
Financing Receivable, Allowance for Credit Loss, Noncurrent	(1,119,000)		(1,153,000)
Miscellaneous Receivable, Not Past Due	46,990,000
Revolving Line of Credit	0
Total Miscellaneous Receivables	219,000
Acquisitions (Divestitures), net	0
Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, 1 to 29 Days Past Due
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0
Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, 30 to 90 Days Past Due
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	9,000
Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, 91 to 180 Days Past Due [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	5,000
Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, Equal to Greater than 180 Days Past Due [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	205,000
Funeral [Member]
Accounts Receivable, Allowance for Credit Loss, Noncurrent	(13,177,000)		(12,722,000)
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Writeoff	869,000
Funeral [Member] \| Trade Accounts Receivable [Member]
Accounts Receivable, before Allowance for Credit Loss, Current	42,171,000		49,011,000
Receivables, Net, Current, Total	38,704,000		45,414,000
Accounts Receivable, Allowance for Credit Loss	3,467,000		3,597,000
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	(3,467,000)		(3,597,000)
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(1,708,000)
Financing Receivable, Allowance for Credit Loss, Recovery	(365,000)
Allowance For Credit Losses Foreign Currency Translation	106,000
Financing Receivable, Allowance for Credit Loss, Writeoff	2,196,000
Acquisitions (Divestitures), net	(99,000)
Other Accounts Receivable Current [Member] \| Trade Accounts Receivable [Member]
Accounts Receivable, before Allowance for Credit Loss, Current	39,329,000		35,650,000
Receivables, Net, Current, Total	38,984,000		35,306,000
Accounts Receivable, Allowance for Credit Loss	345,000		344,000
Current [Member] \| Notes Receivable [Member]
Accounts Receivable, before Allowance for Credit Loss, Current	275,000		267,000
Receivables, Net, Current, Total	114,000		101,000
Accounts Receivable, Allowance for Credit Loss	161,000		166,000
Current [Member] \| Miscellaneous accounts receivable [Member]
Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent	39,329,000
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	(345,000)		(344,000)
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(1,000)
Financing Receivable, Allowance for Credit Loss, Recovery	0
Allowance For Credit Losses Foreign Currency Translation	0
Financing Receivable, Allowance for Credit Loss, Writeoff	0
Financing Receivable, Originated in Current Fiscal Year	37,445,000
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	905,000
Financing Receivable, Originated Two Years before Latest Fiscal Year	442,000
Financing Receivable, Originated Three Years before Latest Fiscal Year	378,000
Financing Receivable, Originated Four Years before Latest Fiscal Year	152,000
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	7,000
Miscellaneous Receivable, Not Past Due	39,110,000
Revolving Line of Credit	0
Total Miscellaneous Receivables	219,000
Current [Member] \| Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, 1 to 29 Days Past Due
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0
Current [Member] \| Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, 30 to 90 Days Past Due
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	9,000
Current [Member] \| Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, 91 to 180 Days Past Due [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	5,000
Current [Member] \| Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, Equal to Greater than 180 Days Past Due [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	205,000
Long Term [Member] \| Notes Receivable [Member]
Financing Receivable, after Allowance for Credit Loss, Noncurrent	6,048,000		5,260,000
Financing Receivable, before Allowance for Credit Loss, Noncurrent	8,846,000		8,684,000
Long Term [Member] \| Miscellaneous accounts receivable [Member]
Financing Receivable, after Allowance for Credit Loss, Noncurrent	6,761,000		6,993,000
Financing Receivable, before Allowance for Credit Loss, Noncurrent	7,880,000		8,146,000
Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent	7,880,000
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	(1,119,000)		(1,153,000)
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	34,000
Financing Receivable, Allowance for Credit Loss, Recovery	0
Allowance For Credit Losses Foreign Currency Translation	0
Financing Receivable, Allowance for Credit Loss, Writeoff	0
Financing Receivable, Originated in Current Fiscal Year	1,173,000
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	3,175,000
Financing Receivable, Originated Two Years before Latest Fiscal Year	1,440,000
Financing Receivable, Originated Three Years before Latest Fiscal Year	1,618,000
Financing Receivable, Originated Four Years before Latest Fiscal Year	443,000
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	31,000
Miscellaneous Receivable, Not Past Due	7,880,000
Revolving Line of Credit	0
Total Miscellaneous Receivables	0
Acquisitions (Divestitures), net	0
Long Term [Member] \| Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, 1 to 29 Days Past Due
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0
Long Term [Member] \| Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, 30 to 90 Days Past Due
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0
Long Term [Member] \| Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, 91 to 180 Days Past Due [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0
Long Term [Member] \| Miscellaneous accounts receivable [Member] \| Miscellaneous Receivables, Equal to Greater than 180 Days Past Due [Member]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0
Cemetery [Member]
Accounts Receivable, Allowance for Credit Loss, Noncurrent	(8,106,000)		(8,005,000)
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Writeoff	158,000
Cemetery [Member] \| Trade Accounts Receivable [Member]
Accounts Receivable, before Allowance for Credit Loss, Current	27,108,000		27,461,000
Receivables, Net, Current, Total	25,232,000		25,230,000
Accounts Receivable, Allowance for Credit Loss	1,876,000		2,231,000
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	(1,876,000)		$ (2,231,000)
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	170,000
Financing Receivable, Allowance for Credit Loss, Recovery	(63,000)
Allowance For Credit Losses Foreign Currency Translation	(1,000)
Financing Receivable, Allowance for Credit Loss, Writeoff	297,000
Acquisitions (Divestitures), net	$ (48,000)

Summary of Significant Accoun_4

Summary of Significant Accounting Policies Summary of Significant Accounting Policies, Revenue Recognition (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Notes Receivable [Member]
Financing Receivable, Allowance for Credit Loss, Noncurrent	$ (2,798)	$ (3,424)

Preneed Activities Investment R

Preneed Activities Investment Related Activities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Preneed Activities [Abstract]
Deposits to trust	$ 127,972	$ 120,283
Withdrawals	122,364	112,580
Payments to Acquire Debt Securities, Available-for-sale	469,312	431,801
Proceeds from Sale of Debt Securities, Available-for-sale	394,424	427,503
Debt Securities, Available-for-sale, Realized Gain	103,555	130,187
Debt Securities, Available-for-sale, Realized Loss	$ 27,932	$ 16,168

Preneed Activities Preneed Ac_3

Preneed Activities Preneed Activities Preneed Receivables and Trust Investments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Preneed Receivables and Trust Investments [Abstract]
Preneed receivables, net and trust investments	$ 5,870,456		$ 6,015,323
Change in amounts due for unfulfilled performance obligations	(36,201)	$ (10,387)
Amounts Due for Unfulfilled Performance Obligations	$ (763,201)		$ (726,615)

Preneed Activities Long-term Re

Preneed Activities Long-term Receivable and Investment (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Long-term receivable and investment components [Line Items]
Preneed receivables, net and trust investments	$ 5,870,456	$ 6,015,323
Cemetery perpetual care trust investments	(1,894,068)	(1,996,898)
Preneed trust investments	4,577,856	4,771,542
Preneed receivables, net and trust investments, excluding allowance for cancellation	5,870,456	6,015,323
Insurance-backed fixed income securities and other [Line Items]	228,612	231,589
Investments	6,471,924	6,768,440
Accounts Receivable, after Allowance for Credit Loss, Noncurrent	1,292,600	1,243,781
Assets Held-in-trust	6,243,312	6,536,851
Funeral [Member]
Long-term receivable and investment components [Line Items]
Accounts Receivable, after Allowance for Credit Loss, Noncurrent	144,721	137,423
Cemetery [Member]
Long-term receivable and investment components [Line Items]
Accounts Receivable, after Allowance for Credit Loss, Noncurrent	$ 1,147,879	$ 1,106,358

Preneed Activities Schedule of

Preneed Activities Schedule of Available-for-sale Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	$ 3,966,026
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	651,813
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(233,462)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	4,384,377
Estimate of Fair Value Measurement [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss		$ 3,801,977
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain		840,484
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss		(96,934)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value		4,545,527
Fair Value, Inputs, Level 2 [Member] \| US Treasury Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	51,565	51,002
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	299	795
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(1,043)	(283)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	50,821	51,514
Fair Value, Inputs, Level 2 [Member] \| Debt Security, Government, Non-US [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	30,012	29,881
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	22	28
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(1)	0
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	30,033	29,909
Fair Value, Inputs, Level 2 [Member] \| Corporate Debt Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	175	170
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	2	6
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(4)	(2)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	173	174
Fair Value, Inputs, Level 2 [Member] \| Residential Mortgage Backed Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	1,402	1,407
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	12	58
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(41)	(15)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	1,373	1,450
Fair Value, Inputs, Level 2 [Member] \| Asset-backed Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	218	274
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	1	2
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(23)	(10)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	196	266
Fair Value, Inputs, Level 2 [Member] \| Preferred Stock securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	4,670	4,843
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	7	4
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(656)	(1,024)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	4,021	3,823
Fair Value, Inputs, Level 1 [Member] \| US Common Stock Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	1,704,750	1,648,785
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	466,482	624,349
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(99,739)	(56,092)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	2,071,493	2,217,042
Fair Value, Inputs, Level 1 [Member] \| Canada Common Stock Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	46,313	34,787
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	21,123	19,617
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(5,844)	(898)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	61,592	53,506
Fair Value, Inputs, Level 1 [Member] \| Other International Common Stock Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	141,765	129,486
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	23,727	42,171
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(16,564)	(9,819)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	148,928	161,838
Fair Value, Inputs, Level 1 [Member] \| Equity Funds [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	890,185	875,828
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	122,597	140,893
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(45,197)	(10,116)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	967,585	1,006,605
Fair Value, Inputs, Level 1 [Member] \| Fixed Income Funds [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	1,094,784	1,025,327
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	17,540	12,560
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(64,350)	(18,675)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	1,047,974	1,019,212
Fair Value, Inputs, Level 3 [Member] \| Other Investments [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	187	187
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	1	1
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	0	0
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	188	188
Reported Value Measurement [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	1,523,742
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	361,038
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(25,845)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	1,858,935
Reported Value Measurement [Member] \| Commingled funds - Fixed inc [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	677,856	662,125
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	84,337	115,939
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(22,753)	(3,171)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	739,440	774,893
Reported Value Measurement [Member] \| Commingled funds - Equity [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	231,312	230,926
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	129,968	161,125
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(1,155)	(114)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	360,125	391,937
Reported Value Measurement [Member] \| Money Market Funds [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	322,089	408,762
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	0	0
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	0	0
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	322,089	408,762
Reported Value Measurement [Member] \| Private Equity Funds [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	292,485	292,888
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	146,733	128,197
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(1,937)	(5,353)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	437,281	415,732
Reported Value Measurement [Member] \| Reported At Net Asset Value [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss		1,594,701
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain		405,261
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss		(8,638)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value		1,991,324
Estimate of Fair Value Measurement [Member]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale and Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss	5,489,768	5,396,678
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Gain	1,012,851	1,245,745
Debt Securities, Available-for-Sale and Held-to-Maturity, Cumulative Unrecognized Loss	(259,307)	(105,572)
Debt Securities, Available-for-Sale and Held-to-Maturity, Fair Value	$ 6,243,312	$ 6,536,851

Preneed Activities Level 3 Acti

Preneed Activities Level 3 Activities (Details) - Other Investments [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair market value, beginning balance	$ 188	$ 190
Net realized losses included in Other income, net(2)	0	(1)
Fair market value, ending balance	$ 188	$ 189

Preneed Activities Investments

Preneed Activities Investments Classified by Contractual Maturity Date (Details) $ in Thousands	Mar. 31, 2022USD ($)
Preneed Activities [Abstract]
Due in one year or less	$ 52,873
Due in one to five years	24,526
Due in five to ten years	4,996
Thereafter	201
Total	$ 82,596

Preneed Activities Preneed Ac_4

Preneed Activities Preneed Activities Deferred Revenue Net (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Deferred Revenue [Abstract]
Deferred revenue, Gross	$ 2,330,418	$ 2,259,364
Deferred Revenue	1,567,217	1,532,749
Amounts Due for Unfulfilled Performance Obligations	$ 763,201	$ 726,615

Preneed Activities Preneed Ac_5

Preneed Activities Preneed Activities, Textuals (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Preneed Activities [Abstract]
Investment Earnings, Net	$ 45.9	$ 45
Available-for-sale securities, estimated maturity date, maximum	2040
Available-for-sale securities, estimated maturity date, minimum	2022
ECF Investment Earnings, Net	$ 24.4	$ 20.8

Income Taxes Income Taxes Level

Income Taxes Income Taxes Level 4-Detail 1 (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Income Taxes [Abstract]
Total effective tax rate	26.00%	25.30%
Unrecognized Tax Benefits	$ 1.3
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 0.8
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	2100.00%

Debt Level 4 (Details)

Debt Level 4 (Details) - USD ($) $ in Thousands	3 Months Ended
Debt Level 4 (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Debt Instrument [Line Items]
Repayments of Debt	$ 9,100	$ 109,000
Repayments of Other Debt	1,000	900
Notes Payable to Bank, Noncurrent	560,625		$ 568,750
Total debt	4,026,807		3,966,320
Current maturities of long-term debt	(63,863)		(65,016)
Less current maturities	63,863		65,016
Total long-term debt	$ 3,962,944		$ 3,901,304
Debt, Weighted Average Interest Rate	3.73%		3.70%
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	78.00%		79.00%
Letters of Credit, Maximum Borrowing Capacity	$ 33,700
Interest Paid, Including Capitalized Interest, Operating and Investing Activities	17,700	20,100
Unamortized Debt Issuance Expense	(43,747)		$ (45,100)
Bank credit facility	230,000		$ 155,000
Proceeds from Issuance of Debt	$ 75,000
Bank Facility Interest Rate	1.46%		1.11%
January 2022 [Member]
Debt Instrument [Line Items]
Bank credit facility	$ 230,000		$ 155,000
Term Loan December 2024 [Member]
Debt Instrument [Line Items]
Repayments of Debt		$ 8,100
Unsecured Debt [Member] \| April 2027 [Member]
Debt Instrument [Line Items]
Senior Notes	152,710		152,710
Unsecured Debt [Member] \| December 2027 [Member]
Debt Instrument [Line Items]
Senior Notes	550,000		550,000
Unsecured Debt [Member] \| June 2029 [Member]
Debt Instrument [Line Items]
Senior Notes	750,000		750,000
Unsecured Debt [Member] \| August 2030
Debt Instrument [Line Items]
Senior Notes	850,000		850,000
Unsecured Debt [Member] \| May 2031
Debt Instrument [Line Items]
Senior Notes	800,000		800,000
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
Finance Lease, Liability	130,039		136,847
Mortgages [Member]
Debt Instrument [Line Items]
Mortgage notes and other debt, maturities through 2047	$ 47,180		$ 48,113

Debt Debt, Textuals (Details)

Debt Debt, Textuals (Details) - USD ($) $ in Thousands	3 Months Ended
Debt Debt, Textuals (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Debt Instrument [Line Items]
Debt, Weighted Average Interest Rate	3.73%		3.70%
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	78.00%		79.00%
Notes Payable to Bank, Noncurrent	$ 560,625		$ 568,750
Line of Credit Facility, Amount Outstanding	$ 230,000		155,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.10%
Letters of Credit, Maximum Borrowing Capacity	$ 33,700
Line of Credit Facility, Remaining Borrowing Capacity	736,300
Repayments of Other Debt	1,000	$ 900
Repayments of Debt	9,100	109,000
Long-term Debt, Fair Value	3,835,424		3,987,696
Interest Paid, Including Capitalized Interest, Operating and Investing Activities	17,700	20,100
Line of Credit Facility, Increase (Decrease), Net		20,000
Unamortized Debt Issuance Expense	43,747		45,100
January 2022 [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Amount Outstanding	230,000		155,000
May 2024 [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment	8,100
Bank Credit Facility 2024 [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Increase (Decrease), Net		20,000
Debt Instrument, Periodic Payment		100,000
Term Loan December 2024 [Member]
Debt Instrument [Line Items]
Repayments of Debt		$ 8,100
Unsecured Debt [Member] \| April 2027 [Member]
Debt Instrument [Line Items]
Senior Notes	152,710		152,710
Unsecured Debt [Member] \| December 2027 [Member]
Debt Instrument [Line Items]
Senior Notes	550,000		550,000
Unsecured Debt [Member] \| August 2030
Debt Instrument [Line Items]
Senior Notes	850,000		850,000
Unsecured Debt [Member] \| June 2029 [Member]
Debt Instrument [Line Items]
Senior Notes	$ 750,000		$ 750,000

Credit Risk and Fair Value of_3

Credit Risk and Fair Value of Financial Instruments Level 4 (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Bank credit facility	$ 230,000	$ 155,000
Notes Payable	44,795	46,878
Long-term Debt, Fair Value	3,835,424	3,987,696
January 2022 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Bank credit facility	230,000	155,000
Term Loan	560,625	568,750
April 2027 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	166,837	181,511
December 2027 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	556,023	575,443
June 2029 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	760,342	809,737
August 2030
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	769,250	836,825
May 2031
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	$ 747,552	$ 813,552

Commitments and Contingencies_2

Commitments and Contingencies Level 4 (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Self Insurance Reserve	$ 95	$ 94.3

Equity Textuals (Details)

Equity Textuals (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended
	May 04, 2022	Mar. 31, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Dec. 31, 2021
Common stock, shares, issued		166,975,651				166,821,502
Common stock, shares outstanding		159,164,117				163,114,202
Treasury Stock, Shares, Acquired		4,104,234
Treasury Stock, Value, Acquired, Par Value Method		$ 256,400
Treasury Stock Acquired, Average Cost Per Share		$ 62.47
Stock Repurchase Program, Remaining Authorized Repurchase Amount		$ 240,300
Dividends declared per share			$ 250		$ 210
Payments of Dividends, Common Stock		$ 39,964		$ 35,568
Subsequent Event [Member]
Treasury Stock, Shares, Acquired	509,020
Treasury Stock, Value, Acquired, Par Value Method	$ 34,200
Treasury Stock Acquired, Average Cost Per Share	$ 67.19
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 206,100

Segment Reporting Level 4 (Deta

Segment Reporting Level 4 (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Restricted Cash and Cash Equivalents, Noncurrent	$ 2,085		$ 2,082
Revenues	1,112,403	$ 1,077,981
Interest expense	(39,028)	(35,812)
Depreciation and amortization	42,436	39,558
Amortization of intangibles	5,074	5,335
Amortization of cemetery property	24,849	28,929
Total assets	15,457,134		$ 15,691,178
Capital expenditures	56,748	42,274
Gross profits from reportable segments	376,913	382,443
Corporate general and administrative expenses	(41,704)	(41,669)
Gains on divestitures and impairment charges, net	(489)	(1,266)
Operating income	335,698	342,040
Other income (expense), net	128	341
Income from continuing operations before income taxes	296,798	306,569
UNITED STATES
Segment Reporting Information [Line Items]
Revenues	1,050,620	1,019,970
CANADA
Segment Reporting Information [Line Items]
Revenues	61,783	58,011
Funeral [Member]
Segment Reporting Information [Line Items]
Revenues	649,097	619,438
Gross profits from reportable segments	195,983	194,386
Cemetery [Member]
Segment Reporting Information [Line Items]
Revenues	463,306	458,543
Gross profits from reportable segments	180,930	188,057
Funeral Atneed Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	353,369	338,070
Funeral Matured Preneed Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	194,927	190,189
Funeral Core Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	548,296	528,259
Non-funeral Home Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	20,810	19,729
Funeral Recognized Preneed Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	43,122	41,749
Funeral Other Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	36,869	29,701
Cemetery Atneed Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	123,389	124,621
Cemetery Recognized Preneed Property Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	221,539	218,274
Cemetery Recognized Preneed Merchandise And Service Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	85,000	85,818
Cemetery Core Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	429,928	428,713
Cemetery Other Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	$ 33,378	$ 29,830

Earnings Per Share Level 4 (Det

Earnings Per Share Level 4 (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Net Income (Loss) Attributable to Parent [Abstract]
Net income attributable to common stockholders	$ 219,513	$ 228,879
Weighted average shares (denominator):
Weighted average shares — basic	161,328	169,918
Weighted average shares — diluted	163,807	172,367
Net income attributable to common stockholders, basic	$ 1.36	$ 1.35
Net income attributable to common stockholders, diluted	$ 1.34	$ 1.33
Revenues	$ 1,112,403	$ 1,077,981
Stock Options [Member]
Weighted average shares (denominator):
Share based compensation	2,402	2,390
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	274,000	1,276,000
Restricted Stock Units (RSUs) [Member]
Weighted average shares (denominator):
Share based compensation	77	59

Acquisition, Textuals (Details)

Acquisition, Textuals (Details) - USD ($) $ in Thousands	3 Months Ended
Acquisition, Textuals (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Acquisitions [Abstract]
(Losses) gains on divestitures	$ 701	$ 1,326
Impairment losses	(212)	(60)
Gains on divestitures and impairment charges, net	489	1,266
Payments for (Proceeds from) Deposits on Real Estate Acquisitions	226	5,608
Payments to Acquire Businesses, Net of Cash Acquired	$ 0	$ (1,160)

Uncategorized Items - sci-20220

Label	Element	Value
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 278,555,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 238,610,000