Complete the wind-down of Philip Morris Capital Corporation
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 29 Jul 2021
- Due
- 31 Dec 2022
- Delivered
- 31 Dec 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Altria expects to fully complete the PMCC wind-down by the end of 2022.”
What we found
Evidence strength A What the grades mean
Altria confirmed in multiple 2023 filings that it completed the wind-down of Philip Morris Capital Corporation's portfolio of finance assets by December 31, 2022.
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A Altria Group, Inc. 10-K filed 2023-02-27
“Philip Morris Capital Corporation (“PMCC”), which completed the wind-down of its portfolio of finance assets in 2022 and had no finance assets remaining at December 31, 2022.” ✓ confirmed on the page
Market reaction: the shares moved -1.8% against the S&P 500 over the three sessions around the disclosure (24 Feb 2023 to 1 Mar 2023). What this measures
Checked 2 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Project other
- Indicative materiality
- Low rules
- Action
- Complete
- Deliverable
- PMCC wind-down
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-MO-004201 · Corrections policy