8-KOther EventsExhibits & Filings

ALTRIA GROUP, INC. 8-K Report, Corporate Update (Oct 3, 2007)

Filed October 3, 2007For Securities:MO

Summary

Altria Group, Inc. (MO) filed this Current Report on Form 8-K primarily to revise and update financial information previously disclosed in its Annual Report on Form 10-K for the year ended December 31, 2006. The key revisions involve reflecting Kraft Foods as a discontinued operation and adjusting the company's reportable segments. This filing is crucial for investors to understand the updated financial presentation and its impact on segment reporting and overall financial statements going forward. Investors should note that this 8-K is an amendment to prior disclosures, not a release of new operational or financial performance metrics. The report provides access to revised sections of the 2006 10-K, including Management's Discussion and Analysis, Consolidated Financial Statements, and Financial Statement Schedules. The inclusion of various exhibits, such as selected financial data and ratios, aims to provide a comprehensive view of the revised financial information. Investors should consult these revised sections alongside recent quarterly filings for a complete financial picture.

Key Highlights

  • 1Revision of 2006 10-K disclosures to reflect Kraft Foods as a discontinued operation.
  • 2Update to Altria's reportable business segments.
  • 3Filing provides access to revised Management's Discussion and Analysis (MD&A) for 2006.
  • 4Includes revised Consolidated Financial Statements for the years ended December 31, 2006, 2005, and for the three years ended December 31, 2006.
  • 5Presents revised Financial Statement Schedules, specifically Valuation and Qualifying Accounts.
  • 6Incorporates updated 'Computation of Ratios of Earnings to Fixed Charges'.
  • 7The filing should be read in conjunction with previous and subsequent quarterly filings (10-Qs).

Frequently Asked Questions

The main purpose of this 8-K filing is to revise and update specific financial information previously disclosed in Altria's 2006 Annual Report on Form 10-K. This includes treating Kraft Foods as a discontinued operation and adjusting the company's reportable segments.

No, this filing primarily concerns the restatement and revision of historical financial information from the 2006 10-K. It does not present new operational or financial performance data for the current reporting period.

Reflecting Kraft Foods as a discontinued operation means its financial results will be segregated from Altria's ongoing operations in the financial statements. This allows investors to better assess the performance of Altria's continuing businesses and provides a clearer picture of the company's core operations.

The revised financial information is provided through various exhibits attached to this 8-K filing, including updated sections of the Management's Discussion and Analysis, Consolidated Financial Statements, and Financial Statement Schedules for the years ended December 31, 2006, 2005, and the preceding three-year period.