<ARTICLE> 5 <LEGEND> THIS FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF THE COCA-COLA COMPANY FOR THE YEAR ENDED DECEMBER 31, 1998, AS SET FORTH IN ITS FORM 10-K FOR SUCH YEAR, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 1,648 <SECURITIES> 159 <RECEIVABLES> 1,676 <ALLOWANCES> 10 <INVENTORY> 890 <CURRENT-ASSETS> 6,380 <PP&E> 5,685 <DEPRECIATION> 2,016 <TOTAL-ASSETS> 19,145 <CURRENT-LIABILITIES> 8,640 <BONDS> 687 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 865 <OTHER-SE> 7,538 <TOTAL-LIABILITY-AND-EQUITY> 19,145 <SALES> 18,813 <TOTAL-REVENUES> 18,813 <CGS> 5,562 <TOTAL-COSTS> 5,562 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 277 <INCOME-PRETAX> 5,198 <INCOME-TAX> 1,665 <INCOME-CONTINUING> 3,533 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,533 <EPS-PRIMARY> 1.43 <EPS-DILUTED> 1.42