Service Corporation International SCI Unfunded Equity Investment Commitments

We participate in tax equity investments in renewable energy projects that qualify for federal investment tax credits. These investments are accounted for under the proportional amortization method. Tax credits and other related tax benefits are recognized as a reduction of income tax expense as they are realized, with corresponding amortization of the investment in proportion to the tax benefits received. During the the three months ended March 31, 2026, we recognized $52.1 million of investment tax credits and other tax benefits and recorded $49.9 million of amortization related to these investments. The tax credits and related amortization are presented net within the Provision for income taxes in the Consolidated Statement of Operations. As of March 31, 2026, the unamortized balance of renewable energy tax credit investments was $1.1 million included in Deferred charges and other assets, and unfunded commitments related to these investments, which are expected to be paid in 2026, totaled $40.8 million included in Accounts payable and accrued liabilities on the Consolidated Balance Sheet.