XML 29 R17.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Credit Risk and Fair Value of Financial Instruments (Notes) | 3 Months Ended
--- | ---
Mar. 31, 2017
Credit Risk and Fair Value of Financial Instruments [Abstract] |
Credit Risk and Fair Value of Financial Instruments | 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 fair value of receivables on preneed contracts are impracticable to estimate because of the lack of a trading market and the diverse number of individual contracts with varying terms. The fair value of our debt instruments at March 31, 2017 and December 31, 2016 was as follows:
| March 31, 2017 |  | December 31, 2016
| (In thousands)
7.625% Senior Notes due October 2018 | $ | 270,000 |  |  | $ | 272,353 |
4.5% Senior Notes due November 2020 | 202,500 |  |  | 205,000 |
8.0% Senior Notes due November 2021 | 174,708 |  |  | 175,500 |
5.375% Senior Notes due January 2022 | 440,938 |  |  | 444,614 |
5.375% Senior Notes due May 2024 | 882,003 |  |  | 884,000 |
7.5% Senior Notes due April 2027 | 230,532 |  |  | 231,590 |
Term Loan due March 2021 | 665,000 |  |  | 673,750 |
Bank Credit Facility due March 2021 | 385,000 |  |  | 350,000 |
Mortgage notes and other debt, maturities through 2050 | 3,721 |  |  | 3,753 |
Total fair value of debt instruments | $ | 3,254,402 |  |  | $ | 3,240,560 |
The fair value 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 agreement, and the mortgage and other debt are classified within Level 3 of the fair value measurements hierarchy. The fair value of these instruments has been estimated using a 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.

X
- Definition Credit Risk and Fair Value of Financial Instruments. + References No definition available. + Details
Name: | sci_CreditRiskAndFairValueOfFinancialInstrumentsAbstract
Namespace Prefix: | sci_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Credit Risk and Fair Value of Financial Instruments. + References No definition available. + Details
Name: | sci_CreditRiskAndFairValueOfFinancialInstrumentsTextBlock
Namespace Prefix: | sci_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration