A Dark Vector Cognition product

Item 16. FORM 10-K SUMMARY

5K characters. Original on sec.gov ·

Item 16. FORM 10-K SUMMARY

None.

SCHEDULE II

FIRSTENERGY CORP.

CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS

FOR THE YEARS ENDED DECEMBER 31, 2018, 2017 AND 2016

Additions
DescriptionBeginning BalanceCharged to IncomeCharged to Other Accounts(1)Deductions(2)Ending Balance
(In thousands)
Year Ended December 31, 2018 (4):
Accumulated provision for uncollectible accounts — customers$48,937$77,254$60,307$136,700$49,798
— other99012,487—11,6991,778
— affiliated companies (5)$—$919,851$919,851
Valuation allowance on various DTAs (3)$312,135$81,977$—$—$394,112
Year Ended December 31, 2017(4):
Accumulated provision for uncollectible accounts — customers$48,409$73,486$49,728$122,686$48,937
— other8846,461—6,355990
Valuation allowance on state and local DTAs$240,289$71,846$—$—$312,135
Year Ended December 31, 2016 (4):
Accumulated provision for uncollectible accounts — customers$60,309$76,953$15,222$104,075$48,409
— other2,73113,59711,32926,773884
Valuation allowance on state and local DTAs$146,589$93,700$—$—$240,289
(1)Represents recoveries and reinstatements of accounts previously written off for uncollectible accounts.
(2)Represents the write-off of accounts considered to be uncollectible.
(3)Starting in 2018, valuation allowances are now being recorded against federal and state DTA's related to disallowed business interest and certain employee remuneration, in addition to the state and local DTA's in the prior years presented.
(4)Amounts exclude FES and FENOC.
(5)Amounts relate to FES and FENOC and are included in discontinued operations. See Note 3, "Discontinued Operations" for additional information.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

FIRSTENERGY CORP.
BY:/s/ Charles E. Jones
Charles E. Jones
President and Chief Executive Officer

Date: February 19, 2019

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated:

/s/ Charles E. Jones
Charles E. Jones
President and Chief Executive Officer and Director
(Principal Executive Officer)
/s/ Donald T. Misheff
Donald T. Misheff
Director
(Non-Executive Chairman of Board)
/s/ Steven E. Strah/s/ Jason J. Lisowski
Steven E. StrahJason J. Lisowski
Senior Vice President and Chief Financial OfficerVice President, Controller and Chief Accounting Officer
(Principal Financial Officer)(Principal Accounting Officer)
/s/ Paul T. Addison/s/ Christopher D. Pappas
Paul T. AddisonChristopher D. Pappas
DirectorDirector
/s/ Michael J. Anderson/s/ Sandra Pianalto
Michael J. AndersonSandra Pianalto
DirectorDirector
/s/ Steven J. Demetriou/s/ Luis A. Reyes
Steven J. DemetriouLuis A. Reyes
DirectorDirector
/s/ Julia L. Johnson/s/ Jerry Sue Thornton
Julia L. JohnsonJerry Sue Thornton
DirectorDirector
/s/ Thomas N. Mitchell/s/ Leslie M. Turner
Thomas N. MitchellLeslie M. Turner
DirectorDirector
/s/ James F. O'Neil III
James F. O'Neil III
Director

Date: February 19, 2019

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