diff --git a/Lib/test/test_ast.py b/Lib/test/test_ast.py
index db9a6ca..2c8d8ab 100644
--- a/Lib/test/test_ast.py
+++ b/Lib/test/test_ast.py
@@ -683,6 +683,25 @@
         node = ast.parse('async def foo():\n  x = "not docstring"')
         self.assertIsNone(ast.get_docstring(node.body[0]))
 
+    def test_multi_line_docstring_col_offset_and_lineno_issue16806(self):
+        node = ast.parse(
+            '"""line one\nline two"""\n\n'
+            'def foo():\n  """line one\n  line two"""\n\n'
+            '  def bar():\n    """line one\n    line two"""\n'
+            '  """line one\n  line two"""\n'
+            '"""line one\nline two"""\n\n'
+        )
+        self.assertEqual(node.body[0].col_offset, 0)
+        self.assertEqual(node.body[0].lineno, 1)
+        self.assertEqual(node.body[1].body[0].col_offset, 2)
+        self.assertEqual(node.body[1].body[0].lineno, 5)
+        self.assertEqual(node.body[1].body[1].body[0].col_offset, 4)
+        self.assertEqual(node.body[1].body[1].body[0].lineno, 9)
+        self.assertEqual(node.body[1].body[2].col_offset, 2)
+        self.assertEqual(node.body[1].body[2].lineno, 11)
+        self.assertEqual(node.body[2].col_offset, 0)
+        self.assertEqual(node.body[2].lineno, 13)
+
     def test_literal_eval(self):
         self.assertEqual(ast.literal_eval('[1, 2, 3]'), [1, 2, 3])
         self.assertEqual(ast.literal_eval('{"foo": 42}'), {"foo": 42})
diff --git a/Lib/test/test_fstring.py b/Lib/test/test_fstring.py
index 9e45770..9d60be3 100644
--- a/Lib/test/test_fstring.py
+++ b/Lib/test/test_fstring.py
@@ -270,10 +270,7 @@
         self.assertEqual(binop.right.col_offset, 7)  # FIXME: this is wrong
 
     def test_ast_line_numbers_multiline_fstring(self):
-        # FIXME: This test demonstrates invalid behavior due to JoinedStr's
-        # immediate child nodes containing the wrong lineno.  The enclosed
-        # expressions have valid line information and column offsets.
-        # See bpo-16806 and bpo-30465 for details.
+        # See bpo-30465 for details.
         expr = """
 a = 10
 f'''
@@ -298,19 +295,16 @@
         self.assertEqual(type(t.body[1].value.values[1]), ast.FormattedValue)
         self.assertEqual(type(t.body[1].value.values[2]), ast.Constant)
         self.assertEqual(type(t.body[1].value.values[2].value), str)
-        # NOTE: the following invalid behavior is described in bpo-16806.
-        # - line number should be the *first* line (3), not the *last* (8)
-        # - column offset should not be -1
-        self.assertEqual(t.body[1].lineno, 8)
-        self.assertEqual(t.body[1].value.lineno, 8)
-        self.assertEqual(t.body[1].value.values[0].lineno, 8)
-        self.assertEqual(t.body[1].value.values[1].lineno, 8)
-        self.assertEqual(t.body[1].value.values[2].lineno, 8)
-        self.assertEqual(t.body[1].col_offset, -1)
-        self.assertEqual(t.body[1].value.col_offset, -1)
-        self.assertEqual(t.body[1].value.values[0].col_offset, -1)
-        self.assertEqual(t.body[1].value.values[1].col_offset, -1)
-        self.assertEqual(t.body[1].value.values[2].col_offset, -1)
+        self.assertEqual(t.body[1].lineno, 3)
+        self.assertEqual(t.body[1].value.lineno, 3)
+        self.assertEqual(t.body[1].value.values[0].lineno, 3)
+        self.assertEqual(t.body[1].value.values[1].lineno, 3)
+        self.assertEqual(t.body[1].value.values[2].lineno, 3)
+        self.assertEqual(t.body[1].col_offset, 0)
+        self.assertEqual(t.body[1].value.col_offset, 0)
+        self.assertEqual(t.body[1].value.values[0].col_offset, 0)
+        self.assertEqual(t.body[1].value.values[1].col_offset, 0)
+        self.assertEqual(t.body[1].value.values[2].col_offset, 0)
         # NOTE: the following lineno information and col_offset is correct for
         # expressions within FormattedValues.
         binop = t.body[1].value.values[1].value
@@ -321,8 +315,8 @@
         self.assertEqual(binop.lineno, 4)
         self.assertEqual(binop.left.lineno, 4)
         self.assertEqual(binop.right.lineno, 6)
-        self.assertEqual(binop.col_offset, 3)
-        self.assertEqual(binop.left.col_offset, 3)
+        self.assertEqual(binop.col_offset, 4)
+        self.assertEqual(binop.left.col_offset, 4)
         self.assertEqual(binop.right.col_offset, 7)
 
     def test_docstring(self):
diff --git a/Lib/test/test_opcodes.py b/Lib/test/test_opcodes.py
index b2a2286..527aca6 100644
--- a/Lib/test/test_opcodes.py
+++ b/Lib/test/test_opcodes.py
@@ -27,7 +27,7 @@
             with open(ann_module.__file__) as f:
                 txt = f.read()
             co = compile(txt, ann_module.__file__, 'exec')
-            self.assertEqual(co.co_firstlineno, 6)
+            self.assertEqual(co.co_firstlineno, 3)
         except OSError:
             pass
 
diff --git a/Lib/test/test_string_literals.py b/Lib/test/test_string_literals.py
index 55bcde4..635ba57 100644
--- a/Lib/test/test_string_literals.py
+++ b/Lib/test/test_string_literals.py
@@ -117,7 +117,7 @@
             eval("'''\n\\z'''")
         self.assertEqual(len(w), 1)
         self.assertEqual(w[0].filename, '<string>')
-        self.assertEqual(w[0].lineno, 2)
+        self.assertEqual(w[0].lineno, 1)
 
         with warnings.catch_warnings(record=True) as w:
             warnings.simplefilter('error', category=SyntaxWarning)
@@ -126,7 +126,7 @@
             exc = cm.exception
         self.assertEqual(w, [])
         self.assertEqual(exc.filename, '<string>')
-        self.assertEqual(exc.lineno, 2)
+        self.assertEqual(exc.lineno, 1)
 
     def test_eval_str_raw(self):
         self.assertEqual(eval(""" r'x' """), 'x')
@@ -166,7 +166,7 @@
             eval("b'''\n\\z'''")
         self.assertEqual(len(w), 1)
         self.assertEqual(w[0].filename, '<string>')
-        self.assertEqual(w[0].lineno, 2)
+        self.assertEqual(w[0].lineno, 1)
 
         with warnings.catch_warnings(record=True) as w:
             warnings.simplefilter('error', category=SyntaxWarning)
@@ -175,7 +175,7 @@
             exc = cm.exception
         self.assertEqual(w, [])
         self.assertEqual(exc.filename, '<string>')
-        self.assertEqual(exc.lineno, 2)
+        self.assertEqual(exc.lineno, 1)
 
     def test_eval_bytes_raw(self):
         self.assertEqual(eval(""" br'x' """), b'x')
diff --git a/Misc/ACKS b/Misc/ACKS
index 49b2815..81b51f7 100644
--- a/Misc/ACKS
+++ b/Misc/ACKS
@@ -1845,3 +1845,4 @@
 Doug Zongker
 Peter Åstrand
 Zheao Li
+Carsten Klein
diff --git a/Misc/NEWS.d/next/Core and Builtins/2018-10-20-18-05-58.bpo-16806.zr3A9N.rst b/Misc/NEWS.d/next/Core and Builtins/2018-10-20-18-05-58.bpo-16806.zr3A9N.rst
new file mode 100644
index 0000000..1cdddeb
--- /dev/null
+++ b/Misc/NEWS.d/next/Core and Builtins/2018-10-20-18-05-58.bpo-16806.zr3A9N.rst
@@ -0,0 +1 @@
+Fix ``lineno`` and ``col_offset`` for multi-line string tokens.
diff --git a/Parser/parsetok.c b/Parser/parsetok.c
index fc878d8..d37e28a 100644
--- a/Parser/parsetok.c
+++ b/Parser/parsetok.c
@@ -205,6 +205,8 @@
         size_t len;
         char *str;
         col_offset = -1;
+        int lineno;
+        const char *line_start;
 
         type = PyTokenizer_Get(tok, &a, &b);
         if (type == ERRORTOKEN) {
@@ -253,8 +255,15 @@
             }
         }
 #endif
-        if (a != NULL && a >= tok->line_start) {
-            col_offset = Py_SAFE_DOWNCAST(a - tok->line_start,
+
+        /* Nodes of type STRING, especially multi line strings
+           must be handled differently in order to get both
+           the starting line number and the column offset right.
+           (cf. issue 16806) */
+        lineno = type == STRING ? tok->first_lineno : tok->lineno;
+        line_start = type == STRING ? tok->multi_line_start : tok->line_start;
+        if (a != NULL && a >= line_start) {
+            col_offset = Py_SAFE_DOWNCAST(a - line_start,
                                           intptr_t, int);
         }
         else {
@@ -263,7 +272,7 @@
 
         if ((err_ret->error =
              PyParser_AddToken(ps, (int)type, str,
-                               tok->lineno, col_offset,
+                               lineno, col_offset,
                                &(err_ret->expected))) != E_OK) {
             if (err_ret->error != E_DONE) {
                 PyObject_FREE(str);
diff --git a/Parser/tokenizer.c b/Parser/tokenizer.c
index 0e6c1a8..3e3cf2c 100644
--- a/Parser/tokenizer.c
+++ b/Parser/tokenizer.c
@@ -1519,6 +1519,13 @@
         int quote_size = 1;             /* 1 or 3 */
         int end_quote_size = 0;
 
+        /* Nodes of type STRING, especially multi line strings
+           must be handled differently in order to get both
+           the starting line number and the column offset right.
+           (cf. issue 16806) */
+        tok->first_lineno = tok->lineno;
+        tok->multi_line_start = tok->line_start;
+
         /* Find the quote size and start of string */
         c = tok_nextc(tok);
         if (c == quote) {
diff --git a/Parser/tokenizer.h b/Parser/tokenizer.h
index cd18d25..096ce68 100644
--- a/Parser/tokenizer.h
+++ b/Parser/tokenizer.h
@@ -38,6 +38,8 @@
     int pendin;         /* Pending indents (if > 0) or dedents (if < 0) */
     const char *prompt, *nextprompt;          /* For interactive prompting */
     int lineno;         /* Current line number */
+    int first_lineno;   /* First line of a single line or multi line string
+                           expression (cf. issue 16806) */
     int level;          /* () [] {} Parentheses nesting level */
             /* Used to allow free continuations inside them */
 #ifndef PGEN
@@ -58,6 +60,9 @@
     char *encoding;         /* Source encoding. */
     int cont_line;          /* whether we are in a continuation line. */
     const char* line_start;     /* pointer to start of current line */
+    const char* multi_line_start; /* pointer to start of first line of
+                                     a single line or multi line string
+                                     expression (cf. issue 16806) */
 #ifndef PGEN
     PyObject *decoding_readline; /* open(...).readline */
     PyObject *decoding_buffer;
diff --git a/Python/ast.c b/Python/ast.c
index 69dfe3c..d71f44a 100644
--- a/Python/ast.c
+++ b/Python/ast.c
@@ -4284,9 +4284,13 @@
                 start--;
             }
             cols += (int)(substr - start);
-            /* Fix lineno in mulitline strings. */
-            while ((substr = strchr(substr + 1, '\n')))
-                lines--;
+            /* adjust the start based on the number of newlines encountered
+               before the f-string expression */
+            for (char* p = parent->n_str; p < substr; p++) {
+                if (*p == '\n') {
+                    lines++;
+                }
+            }
         }
     }
     fstring_shift_node_locations(n, lines, cols);
diff --git a/Python/importlib.h b/Python/importlib.h
index 5c38196..dd78c0b 100644
--- a/Python/importlib.h
+++ b/Python/importlib.h
@@ -204,7 +204,7 @@
     0,0,114,38,0,0,0,114,39,0,0,0,114,48,0,0,
     0,114,10,0,0,0,114,10,0,0,0,114,10,0,0,0,
     114,11,0,0,0,114,20,0,0,0,52,0,0,0,115,12,
-    0,0,0,8,4,4,2,8,8,8,12,8,25,8,13,114,
+    0,0,0,8,1,4,5,8,8,8,12,8,25,8,13,114,
     20,0,0,0,99,0,0,0,0,0,0,0,0,0,0,0,
     0,2,0,0,0,64,0,0,0,115,48,0,0,0,101,0,
     90,1,100,0,90,2,100,1,90,3,100,2,100,3,132,0,
@@ -255,8 +255,8 @@
     0,0,0,114,3,0,0,0,114,31,0,0,0,114,38,0,
     0,0,114,39,0,0,0,114,48,0,0,0,114,10,0,0,
     0,114,10,0,0,0,114,10,0,0,0,114,11,0,0,0,
-    114,49,0,0,0,120,0,0,0,115,10,0,0,0,8,2,
-    4,2,8,4,8,4,8,5,114,49,0,0,0,99,0,0,
+    114,49,0,0,0,120,0,0,0,115,10,0,0,0,8,1,
+    4,3,8,4,8,4,8,5,114,49,0,0,0,99,0,0,
     0,0,0,0,0,0,0,0,0,0,2,0,0,0,64,0,
     0,0,115,36,0,0,0,101,0,90,1,100,0,90,2,100,
     1,100,2,132,0,90,3,100,3,100,4,132,0,90,4,100,
@@ -730,7 +730,7 @@
     114,123,0,0,0,218,6,115,101,116,116,101,114,114,130,0,
     0,0,114,124,0,0,0,114,10,0,0,0,114,10,0,0,
     0,114,10,0,0,0,114,11,0,0,0,114,112,0,0,0,
-    49,1,0,0,115,32,0,0,0,8,35,4,2,4,1,2,
+    49,1,0,0,115,32,0,0,0,8,1,4,36,4,1,2,
     255,12,12,8,10,8,12,2,1,10,8,4,1,10,3,2,
     1,10,7,2,1,10,3,4,1,114,112,0,0,0,169,2,
     114,113,0,0,0,114,115,0,0,0,99,2,0,0,0,2,
@@ -1147,7 +1147,7 @@
     0,0,0,114,169,0,0,0,114,115,0,0,0,114,97,0,
     0,0,114,153,0,0,0,114,10,0,0,0,114,10,0,0,
     0,114,10,0,0,0,114,11,0,0,0,114,158,0,0,0,
-    195,2,0,0,115,42,0,0,0,8,7,4,2,2,1,10,
+    195,2,0,0,115,42,0,0,0,8,2,4,7,2,1,10,
     8,2,1,12,8,2,1,12,11,2,1,10,7,2,1,10,
     4,2,1,2,1,12,4,2,1,2,1,12,4,2,1,2,
     1,12,4,114,158,0,0,0,99,0,0,0,0,0,0,0,
@@ -1280,7 +1280,7 @@
     0,114,90,0,0,0,114,168,0,0,0,114,169,0,0,0,
     114,115,0,0,0,114,10,0,0,0,114,10,0,0,0,114,
     10,0,0,0,114,11,0,0,0,114,172,0,0,0,12,3,
-    0,0,115,44,0,0,0,8,7,4,2,2,1,10,8,2,
+    0,0,115,44,0,0,0,8,2,4,7,2,1,10,8,2,
     1,12,6,2,1,12,8,2,1,10,3,2,1,10,8,2,
     1,10,8,2,1,2,1,12,4,2,1,2,1,12,4,2,
     1,2,1,114,172,0,0,0,99,0,0,0,0,0,0,0,
@@ -1757,8 +1757,8 @@
     0,114,215,0,0,0,114,218,0,0,0,114,219,0,0,0,
     114,223,0,0,0,114,224,0,0,0,114,226,0,0,0,114,
     10,0,0,0,114,10,0,0,0,114,10,0,0,0,114,11,
-    0,0,0,218,8,60,109,111,100,117,108,101,62,8,0,0,
-    0,115,94,0,0,0,4,17,4,2,8,8,8,8,4,2,
+    0,0,0,218,8,60,109,111,100,117,108,101,62,1,0,0,
+    0,115,94,0,0,0,4,24,4,2,8,8,8,8,4,2,
     4,3,16,4,14,68,14,21,14,16,8,37,8,17,8,11,
     14,8,8,11,8,12,8,16,8,36,14,101,16,26,10,45,
     14,72,8,17,8,17,8,30,8,37,8,42,8,15,14,73,
diff --git a/Python/importlib_external.h b/Python/importlib_external.h
index 791bfc4..ca83eb5 100644
--- a/Python/importlib_external.h
+++ b/Python/importlib_external.h
@@ -1137,8 +1137,8 @@
     0,0,114,127,0,0,0,114,182,0,0,0,114,212,0,0,
     0,114,217,0,0,0,114,220,0,0,0,114,3,0,0,0,
     114,3,0,0,0,114,3,0,0,0,114,6,0,0,0,114,
-    208,0,0,0,243,2,0,0,115,10,0,0,0,8,3,4,
-    2,8,8,8,3,8,8,114,208,0,0,0,99,0,0,0,
+    208,0,0,0,243,2,0,0,115,10,0,0,0,8,2,4,
+    3,8,8,8,3,8,8,114,208,0,0,0,99,0,0,0,
     0,0,0,0,0,0,0,0,0,3,0,0,0,64,0,0,
     0,115,74,0,0,0,101,0,90,1,100,0,90,2,100,1,
     100,2,132,0,90,3,100,3,100,4,132,0,90,4,100,5,
@@ -1236,7 +1236,7 @@
     32,32,32,78,114,3,0,0,0,41,3,114,119,0,0,0,
     114,44,0,0,0,114,26,0,0,0,114,3,0,0,0,114,
     3,0,0,0,114,6,0,0,0,114,225,0,0,0,50,3,
-    0,0,115,2,0,0,0,0,4,122,21,83,111,117,114,99,
+    0,0,115,2,0,0,0,0,1,122,21,83,111,117,114,99,
     101,76,111,97,100,101,114,46,115,101,116,95,100,97,116,97,
     99,2,0,0,0,0,0,0,0,5,0,0,0,10,0,0,
     0,67,0,0,0,115,82,0,0,0,124,0,160,0,124,1,
@@ -1520,7 +1520,7 @@
     1,0,0,90,13,95,95,99,108,97,115,115,99,101,108,108,
     95,95,114,3,0,0,0,114,3,0,0,0,114,249,0,0,
     0,114,6,0,0,0,114,239,0,0,0,160,3,0,0,115,
-    30,0,0,0,8,3,4,2,8,6,8,4,8,3,2,1,
+    30,0,0,0,8,2,4,3,8,6,8,4,8,3,2,1,
     14,11,2,1,10,4,8,7,2,1,10,5,8,4,8,6,
     8,6,114,239,0,0,0,99,0,0,0,0,0,0,0,0,
     0,0,0,0,3,0,0,0,64,0,0,0,115,46,0,0,
@@ -1768,7 +1768,7 @@
     114,213,0,0,0,114,229,0,0,0,114,136,0,0,0,114,
     179,0,0,0,114,3,0,0,0,114,3,0,0,0,114,3,
     0,0,0,114,6,0,0,0,114,15,1,0,0,46,4,0,
-    0,115,22,0,0,0,8,6,4,2,8,4,8,4,8,3,
+    0,115,22,0,0,0,8,2,4,6,8,4,8,4,8,3,
     8,8,8,6,8,6,8,4,8,4,2,1,114,15,1,0,
     0,99,0,0,0,0,0,0,0,0,0,0,0,0,2,0,
     0,0,64,0,0,0,115,96,0,0,0,101,0,90,1,100,
@@ -1913,7 +1913,7 @@
     114,36,1,0,0,114,37,1,0,0,114,40,1,0,0,114,
     186,0,0,0,114,3,0,0,0,114,3,0,0,0,114,3,
     0,0,0,114,6,0,0,0,114,22,1,0,0,99,4,0,
-    0,115,22,0,0,0,8,5,4,2,8,6,8,10,8,4,
+    0,115,22,0,0,0,8,1,4,6,8,6,8,10,8,4,
     8,13,8,3,8,3,8,3,8,3,8,3,114,22,1,0,
     0,99,0,0,0,0,0,0,0,0,0,0,0,0,3,0,
     0,0,64,0,0,0,115,80,0,0,0,101,0,90,1,100,
@@ -2462,7 +2462,7 @@
     0,114,65,1,0,0,114,207,0,0,0,114,72,1,0,0,
     114,37,1,0,0,114,3,0,0,0,114,3,0,0,0,114,
     3,0,0,0,114,6,0,0,0,114,57,1,0,0,79,5,
-    0,0,115,22,0,0,0,8,7,4,2,8,14,8,4,4,
+    0,0,115,22,0,0,0,8,2,4,7,8,14,8,4,4,
     2,8,12,8,5,10,48,8,31,2,1,10,17,114,57,1,
     0,0,99,4,0,0,0,0,0,0,0,6,0,0,0,8,
     0,0,0,67,0,0,0,115,146,0,0,0,124,0,160,0,
@@ -2641,8 +2641,8 @@
     0,114,57,1,0,0,114,77,1,0,0,114,184,0,0,0,
     114,85,1,0,0,114,87,1,0,0,114,3,0,0,0,114,
     3,0,0,0,114,3,0,0,0,114,6,0,0,0,218,8,
-    60,109,111,100,117,108,101,62,8,0,0,0,115,126,0,0,
-    0,4,15,4,1,4,1,2,1,2,255,4,4,8,17,8,
+    60,109,111,100,117,108,101,62,1,0,0,0,115,126,0,0,
+    0,4,22,4,1,4,1,2,1,2,255,4,4,8,17,8,
     5,8,5,8,6,8,6,8,12,8,10,8,9,8,5,8,
     7,8,9,12,22,10,127,0,7,16,1,12,2,4,1,4,
     2,6,2,6,2,8,2,18,71,8,40,8,19,8,12,8,
diff --git a/Python/importlib_zipimport.h b/Python/importlib_zipimport.h
index e00010c..299d1c5 100644
--- a/Python/importlib_zipimport.h
+++ b/Python/importlib_zipimport.h
@@ -484,7 +484,7 @@
     64,0,0,0,114,65,0,0,0,114,78,0,0,0,114,82,
     0,0,0,114,83,0,0,0,114,9,0,0,0,114,9,0,
     0,0,114,9,0,0,0,114,10,0,0,0,114,4,0,0,
-    0,45,0,0,0,115,24,0,0,0,8,13,4,5,8,46,
+    0,45,0,0,0,115,24,0,0,0,8,1,4,17,8,46,
     10,32,10,12,8,10,8,21,8,11,8,26,8,13,8,38,
     8,18,122,12,95,95,105,110,105,116,95,95,46,112,121,99,
     84,114,60,0,0,0,70,41,3,122,4,46,112,121,99,84,
@@ -1044,7 +1044,7 @@
     34,0,0,0,114,182,0,0,0,114,183,0,0,0,114,184,
     0,0,0,114,189,0,0,0,114,9,0,0,0,114,9,0,
     0,0,114,9,0,0,0,114,10,0,0,0,114,80,0,0,
-    0,212,2,0,0,115,14,0,0,0,8,5,4,1,4,2,
+    0,212,2,0,0,115,14,0,0,0,8,1,4,5,4,2,
     8,4,8,9,8,6,8,11,114,80,0,0,0,41,45,114,
     84,0,0,0,90,26,95,102,114,111,122,101,110,95,105,109,
     112,111,114,116,108,105,98,95,101,120,116,101,114,110,97,108,
@@ -1065,8 +1065,8 @@
     0,0,114,170,0,0,0,114,152,0,0,0,114,150,0,0,
     0,114,44,0,0,0,114,80,0,0,0,114,9,0,0,0,
     114,9,0,0,0,114,9,0,0,0,114,10,0,0,0,218,
-    8,60,109,111,100,117,108,101,62,13,0,0,0,115,88,0,
-    0,0,4,4,8,1,16,1,8,1,8,1,8,1,8,1,
+    8,60,109,111,100,117,108,101,62,1,0,0,0,115,88,0,
+    0,0,4,16,8,1,16,1,8,1,8,1,8,1,8,1,
     8,1,8,2,8,3,6,1,14,3,16,4,4,2,8,2,
     4,1,4,1,4,2,14,127,0,127,0,1,12,1,12,1,
     2,1,2,252,4,9,8,4,8,9,8,31,8,126,2,254,