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Sti Trust & Investment Operations Inc · SC 13G/A · Suntrust Banks Inc · On 2/6/98

Filed On 2/6/98 · SEC File 5-37153 · Accession Number 934637-98-2

  As Of               Filer                 Filing     On/For/As Docs:Pgs              Issuer

 2/06/98  Sti Trust & Investment Opera..Inc SC 13G/A               1:11   Suntrust Banks Inc

Amendment to Statement of Beneficial Ownership · Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Suntrust Banks, Inc. SC 13G                           11±    53K

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (RTF, XML, et al.) Address of Issuer's Principal Executive Offices: Address of Principal Business Office(s): Certification: Citizenship: CUSIP Number: Identification and Classification of Members of the Group: Identification and Classification of the Subsidiary Which -- Acquired the Security Being Reported on By the Parent Holding Company: Name of Issuer: Name of Person Filing: Notice of Dissolution of Group: Ownership: Ownership of Five Percent or Less of Class: Ownership of More than 5 Percent of Behalf of Another -- Person: Title of Class of Securities: Type of Person:
1	1st Page
"	Item 1(a). Name of Issuer:
"	Item 1(b). Address of Issuer's Principal Executive Offices:
"	Item 2(a). Name of Person Filing:
"	Item 2(b). Address of Principal Business Office(s):
"	Item 2(c). Citizenship:
"	Item 2(d). Title of Class of Securities:
"	Item 2(e). CUSIP Number:
"	Item 3. Type of Person:
"	Item 4. Ownership:
"	Item 5. Ownership of Five Percent or Less of Class:
"	Item 6. Ownership of More than 5 Percent of Behalf of Another -- Person:
"	Item 7. Identification and Classification of the Subsidiary Which -- Acquired the Security Being Reported on By the Parent Holding Company:
"	Item 8. Identification and Classification of Members of the Group:
"	Item 9. Notice of Dissolution of Group:
"	Item 10. Certification:

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             UNITED STATES
            SECURITIES AND EXCHANGE COMMISSION
             Washington, D.C.  20549

              SCHEDULE 13G

               Under the Securities Exchange Act of 1934
                (Amendment No. 21)*.

               The Coca-Cola Company

                Common

                 191216100

Check the following box if a fee is being paid with this statement              
( ).  (A fee is not required only if the filing person: (1) has a               
previous statement on file reporting beneficial ownership of more               
than five percent of the class of securities described in Item 1;               
and (2) has filed no amendment subsequent thereto reporting                     
beneficial ownership of give percent or less of such class.) (See               
Rule 13d-7).                                                                    

*The remainder of this cover page shall be filled out for a                     
reporting person's initial filing on this form with respect to the              
subject class of securities, and for any subsequent amendment                   
containing information which would alter the disclosures provided               
in a prior cover page.                                                          

The information required in the remainder of this cover page shall              
not be deemed to be "filed" for the purpose of Section 18 of the                
Securities Exchange Act of 1934 ("Act") or otherwise subject to the             
liabilities of that section of the Act but shall be subject to all              
other provisions of the Act (however, see the Notes).                           

CUSIP NO.  191216100  13G                                                       

1.    NAME OF REPORTING PERSON                                                  
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON                   

SunTrust Banks, Inc. as Parent Holding Company for: Trusco Capital  
Management, Inc.; SunTrust Banks of Florida, Inc. as Parent Holding 
 Company; SunTrust Banks of Tennessee, Inc. as Parent Holding Company;
SunTrust Banks of Georgia, Inc. Individually, and as Parent Company 
for Preferred Surety Corporation, and SunTrust Bank, Atlanta        
Individually, and in various fiduciary capacities.                  
58-1575035                                                          
-------------------------------------------------------------------             
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) _______             
                                           (B) _______
-------------------------------------------------------------------             
3.    SEC USE ONLY                                                              

-------------------------------------------------------------------             
4.    CITIZENSHIP OR PLACE OF ORGANIZATION                                      

Georgia                                                             
-------------------------------------------------------------------             
NUMBER OF                 5.  SOLE VOTING POWER                                 

SHARES                    127,808,223                                           
             -----------------------------------------
BENEFICIALLY              6.  SHARED VOTING POWER                               

OWNED BY                  20,872,976                                            
             -----------------------------------------
EACH                      7.  SOLE DISPOSITIVE POWER                            

REPORTING                 98,184,833                                            
             -----------------------------------------
PERSON                    8.  SHARED DISPOSITIVE POWER                          

WITH                      86,805,339                                            
-------------------------------------------------------------------             
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON            

188,344,715                                                     
-------------------------------------------------------------------             
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN           
SHARES*                                                         
-------------------------------------------------------------------             
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                         

7.61%                                                           
-------------------------------------------------------------------             
12.     TYPE OF REPORTING PERSON*                                               

HC, BK AND IA                                                   

CUSIP NO.  191216100  13G                                                       

1.    NAME OF REPORTING PERSON                                                  
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON                   

SunTrust Banks of Georgia, Inc. Individually, and as Parent Company 
for Preferred Surety Corporation, and SunTrust Bank, Atlanta        
Individually, and in various fiduciary capacities.  58-             
1198830                                                             
-------------------------------------------------------------------             
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (A) _______            
                                             (B) _______
-------------------------------------------------------------------             
3.    SEC USE ONLY                                                              

-------------------------------------------------------------------             
4.    CITIZENSHIP OR PLACE OF ORGANIZATION                                      

Georgia                                                             
-------------------------------------------------------------------             
NUMBER OF                 5.  SOLE VOTING POWER                                 

SHARES                    119,961,005                                           
              ------------------------------------------
BENEFICIALLY              6.  SHARED VOTING POWER                               

OWNED BY                  20,468,024                                            
              ------------------------------------------
EACH                      7.  SOLE DISPOSITIVE POWER                            

REPORTING                 94,146,770                                            
              ------------------------------------------
PERSON                    8.  SHARED DISPOSITIVE POWER                          

WITH                      83,336,716                                            
-------------------------------------------------------------------             
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON            

179,790,975                                                     
-------------------------------------------------------------------             
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN           
SHARES*                                                         
-------------------------------------------------------------------             
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                         

7.27%                                                           
-------------------------------------------------------------------             
12.     TYPE OF REPORTING PERSON*                                               

HC and BK                                                       

CUSIP NO.  191216100  13G                                                       

1.    NAME OF REPORTING PERSON                                                  
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON                   

SunTrust Bank, Atlanta Individually and in various fiduciary        
capacities.  58-0466330                                             
-------------------------------------------------------------------             
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) _______             
                                           (B) _______
-------------------------------------------------------------------             
3.    SEC USE ONLY                                                              

-------------------------------------------------------------------             
4.    CITIZENSHIP OR PLACE OF ORGANIZATION                                      

Georgia                                                             
-------------------------------------------------------------------             
NUMBER OF                 5.  SOLE VOTING POWER                                 

SHARES                    97,068,461                                            
             -----------------------------------------
BENEFICIALLY              6.  SHARED VOTING POWER                               

OWNED BY                  20,468,024                                            
             -----------------------------------------
EACH                      7.  SOLE DISPOSITIVE POWER                            

REPORTING                 71,254,226                                            
             -----------------------------------------
PERSON                    8.  SHARED DISPOSITIVE POWER                          

WITH                      83,336,716                                            
-------------------------------------------------------------------             
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON            

156,898,431                                                     
-------------------------------------------------------------------             
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN           
SHARES*                                                         
-------------------------------------------------------------------             
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                         

6.34%                                                           
-------------------------------------------------------------------             
12.     TYPE OF REPORTING PERSON*                                               

BK                                                              

                  SECURITIES AND EXCHANGE COMMISSION
                  WASHINGTON, D.C. 20549

            SCHEDULE 13G

                 UNDER THE SECURITIES EXCHANGE ACT OF 1934

Item 1(a)        Name of Issuer:                                                
---------        --------------                                                 
The Coca-Cola Company                         

Item 1(b)        Address of Issuer's Principal Executive Offices:               
---------        -----------------------------------------------                
One Coca-Cola Plaza, N.W.                     
Atlanta, Georgia  30313                       

Item 2(a)        Name of Person Filing:                                         
---------        ---------------------                                          
            SunTrust Banks, Inc. as Parent Holding Company for: Trusco
           Capital Management, Inc.; SunTrust Banks of Florida, Inc.
         as Parent Company; SunTrust Banks of Tennessee, Inc. as
         Parent Holding Company; SunTrust Banks of Georgia, Inc.
          Individually and as Parent Holding Company for Preferred
Surety Corporation, and SunTrust Bank, Atlanta
    Individually, and in various fiduciary capacities.

Item 2(b)        Address of Principal Business Office(s):                       
---------        ---------------------------------------                        
303 Peachtree Street, Suite 1500              
Atlanta, Georgia  30308                       

Item 2(c)        Citizenship:                                                   
---------        -----------                                                    
         SunTrust Banks, Inc. is a Georgia corporation; SunTrust
           Banks of Florida, Inc. is a Florida corporation; SunTrust
            Banks of Georgia, Inc. is a Georgia corporation; Preferred
             Surety Corporation is a Georgia corporation; SunTrust Bank,
          Atlanta is a Georgia banking association; Trusco Capital
           Management, Inc. is a registered investment adviser and a
             Georgia corporation; SunTrust Banks of Tennessee, Inc. is a
Tennessee corporation.                        

Item 2(d)        Title of Class of Securities:                                  
---------        ----------------------------                                   
Common Stock                                  

Item 2(e)        CUSIP Number:                                                  
---------        ------------                                                   
191216100                                     

Item 3       Type of Person:                                                    
------       --------------                                                     
(b)    Bank as defined in section 3(a)(6) of the Act. 
   (e)    Investment Adviser registered under section 203 of
the Investment Advisers Act of 1940.    
 (g)    Parent holding company, in accordance with para.
240,13d-1(1)(ii)(H).                    

Item 4        Ownership:                                                        
------        ---------                                                         

Amount Beneficially Owned.  188,344,715             

(b)    Percent of Class:   7.61%                    

(c)    Number of Shares as to which such person has:

  (i)    Sole power to vote or to direct the vote:
127,808,233                     

    (ii)   Shared power to vote or to direct the vote:
20,872,976                      

          (iii)   Sole power to dispose or to direct the disposition
of:     98,184,833              

  (iv)   Shared power to dispose or the direct the
disposition of:  86,805,339     

Item 5       Ownership of Five Percent or Less of Class:                        
------       ------------------------------------------                         
Not Applicable                                        

Item 6       Ownership of More than 5 Percent of Behalf of Another              
------       Person:                                                            
    ----------------------------------------------------------
See Exhibit B                                         

Item 7       Identification and Classification of the Subsidiary Which          
------       Acquired the Security Being Reported on By the Parent              
Holding Company:                                      
    ----------------------------------------------------------
See Item 2 and Exhibit C                              

Item 8       Identification and Classification of Members of the Group:         
------       ---------------------------------------------------------          
Not Applicable                                        

Item 9       Notice of Dissolution of Group:                                    
------       ------------------------------                                     
Not Applicable                                        

Item 10      Certification:                                                     
-------      -------------                                                      
By signing below I certify that, to the best of my    
knowledge and belief, the securities referred to above
   were acquired in the ordinary course of business and were
    not acquired for the purpose of and do not have the effect
 of changing or influencing the control of the issuer of
  such securities and were not acquired in connection with
    or as a participant in any transaction having such purpose
or effect.                                            

Signature:                                            
---------                                             
  After reasonable inquiry and to the best of my knowledge
 and belief, I certify that the information set forth in
this statement is true, complete and correct.         

Dated:       February 1, 1998                                                   

SunTrust Banks, Inc.                                                            

By    /s/   Cynthia S. Walker                                                   
-------------------------                                           
Cynthia S. Walker, Assistant Vice President                         
STI Trust & Investment Operations, Inc. as agent for                
SunTrust Banks, Inc.                                                

EXHIBIT A       

The shares reported are held by one or more subsidiaries of           
SunTrust Banks, Inc. in various fiduciary and agency capacities.      
SunTrust Banks, Inc. and such subsidiaries disclaim by                
beneficial interest in any of the shares reported, and the            
filing of this statement shall not be construed as an admission       
to the contrary except for 48,266,496 shares owned individually       
by certain subsidiaries.                                              

Certain of the shares included in shared voting authority are         
held in agency accounts and co-fiduciary accounts and co-             
fiduciary accounts in nominee registration.  These are voted by       
the banks under revocable authority of trust accounts and             
therefore, are reported as shared voting authority.                   

EXHIBIT B 

Various co-trustees share the power to direct distribution of         
income including dividends and the proceeds from sale of              
securities.  Additionally, various beneficiaries have the right       
to receive dividends.                                                 

 EXHIBIT C

                        Sole        Shared        Sole      Shared
                          Voting       Voting      Power to   Power to
Name of Person Filing          Power        Power       Dispose    Dispose      

SunTrust Banks of Georgia, Inc.                                                 
as Parent Holding Company                                                       
for:                                                                            
-------------------------------                                                 
SunTrust Bank, Atlanta       71,694,509   20,468,024   45,880,274  83,336,716   
and in Various Fiduciary Capacities                                             
25 Park Place, N.E.                                                             
Atlanta, Georgia  30303                                                         

SunTrust Bank, Savannah          459,551         -0-       168,031    195,920   
N.A. and in Various Fiduciary                                                   
Capacities                                                                      
33 Bull Street                                                                  
Savannah, Georgia  31401                                                        

SunTrust Bank, Middle          1,788,597        41,088   1,122,481    585,972   
Georgia, N.A. and in Various                                                    
Fiduciary Capacities                                                            
606 Cherry Street                                                               
Macon, Georgia  31201                                                           

SunTrust Bank, Augusta,           238,949          -0-       70,042    158,407  
N.A. and in Various Fiduciary                                                   
Capacities                                                                      
80 Broad Street                                                                 
Augusta, Georgia  30902                                                         

SunTrust Bank, West Georgia     1,341,949          -0-      389,108     672,671 
N.A. and in Various                                                             
Fiduciary Capacities                                                            
1246 First Avenue                                                               
Columbus, Georgia  31901                                                        

SunTrust Bank, Northeast           73,440          -0-        32,656     44,524 
Georgia, N.A. and in Various                                                    
Fiduciary Capacities                                                            
101 North Lumpkin Street                                                        
Athens, Georgia  30613                                                          

                             EXHIBIT C

                            Sole         Shared       Sole        Shared
                              Voting       Voting       Power to    Power to
Name of Person Filing           Power        Power        Dispose     Dispose   

SunTrust Bank, Southeast          220,004       -0-       16,861       164,911  
Georgia, N.A. and in Various                                                    
Fiduciary Capacities                                                            
510 Gloucester Street                                                           
Brunswick, Georgia  31520                                                       

SunTrust Bank, South               11,928       -0-       11,928          400   
Georgia, N.A. and in Various                                                    
Fiduciary Capacities                                                            
410 West Broad                                                                  
Albany, Georgia  31701                                                          

SunTrust Bank, Northwest           88,335      -0-        83,400        5,363   
Georgia, N.A. and in Various                                                    
Fiduciary Capacities                                                            
100 East Second Avenue                                                          
Rome, Georgia  30161                                                            

SunTrust Bank, Atlanta         25,373,952      -0-    25,373,952         -0-    
Individually                                                                    
25 Park Place, N.E.                                                             
Atlanta, Georgia  30303                                                         

SunTrust Banks of Georgia,     12,212,544      -0-    12,212,544         -0-    
Individually                                                                    
25 Park Place, N.E.                                                             
Atlanta, Georgia  30303                                                         

Preferred Surety Corporation   10,680,000      -0-    10,680,000          -0-   
235 South Main Street                                                           
Madison, Georgia  30650                                                         

SunTrust Banks, Inc. as Parent                                                  
Holding Company for:                                                            
------------------------------                                                  
Trusco Capital Management, Inc.    39,312      -0-        39,312          -0-   
50 Hurt Plaza, Suite 1400                                                       
Atlanta, Georgia  30302                                                         

SunTrust Banks of Florida, Inc.                                                 
as Parent Holding Company for:                                                  
-------------------------------                                                 
SunTrust Bank, Central            197,785      800       133,894        43,703  
Florida, N.A. and in Various                                                    
Fiduciary Capacities                                                            
200 South Orange                                                                
Orlando, Florida  32801                                                         

SunTrust Bank, South Florida,     410,758     1,800      120,965       286,953  
N.A. and in Various Fiduciary                                                   
Capacities                                                                      
501 E. Las Olas Blvd.                                                           
Ft. Lauderdale, Florida  33301                                                  

SunTrust Bank,Tampa Bay and in    211,878       750       90,911       119,467  
Various Fiduciary Capacities                                                    
315 East Madison St.                                                            
Tampa, Florida   33602                                                          

SunTrust Bank, Nature Coast and     15,017       -0-       11,017         4,337 
in Various Fiduciary Capacities                                                 
One East Jefferson St.                                                          
Brooksville, Florida   34601                                                    

     EXHIBIT C

                           Sole      Shared    Sole         Shared
                            Voting     Voting   Power to      Power to
Name of Person Filing             Power      Power    Dispose      Dispose      
---------------------                                                           
SunTrust Bank, Miami, N. A.       232,316     12,000     53,066     186,125     
and in Various Fiduciary Capacities                                             
777 Brickell Ave.                                                               
Miami, Florida   33031                                                          

SunTrust Bank, Mid-Florida, N.A.   94,201       -0-      81,720      12,481     
and in Various Fiduciary Capacities                                             
595 Cypress Gardens Blvd, S.E.                                                  
Winter Haven, Florida  33882                                                    

SunTrust Bank, Gulf Coast          48,165        502       33,231     14,896    
and in Various Fiduciary Capacities                                             
1777 Main Street                                                                
Sarasota, Florida  34236                                                        

SunTrust Bank, North Central        32,393       200      20,955       1,600    
Florida and in Various Fiduciary                                                
Capacities                                                                      
203 E. Silver Springs Blvd.                                                     
Ocala, Florida  34470                                                           

SunTrust Bank, East Central         19,485     10,200      16,665      13,420   
Florida and in Various Fiduciary                                                
Capacities                                                                      
120 S. Ridgewood Avenue                                                         
Daytona Beach, Florida  32114                                                   

SunTrust Bank, Southwest Florida   65,382      30,940        44,241     48,181  
and in Various Fiduciary Capacities                                             
12730 New Brittany Blvd.                                                        
Fort Myers, Florida  33907                                                      

SunTrust Bank, North Florida,      62,246       -0-         32,590       9,656  
N.A. and in Various Fiduciary                                                   
Capacities                                                                      
200 W. Forsyth Street                                                           
Jacksonville, Florida  32202                                                    

SunTrust Bank, Tallahassee, N.A.    5,192       -0-          5,192         -0-  
and in Various Fiduciary                                                        
Capacities                                                                      
2051 Thomasville Road                                                           
Tallahassee, Florida  32312                                                     

SunTrust Bank, West Florida         4,902       -0-        4,302          600   
and in Various Fiduciary                                                        
Capacities                                                                      
220 W. Garden Street                                                            
Pensacola, Florida  32501                                                       

STI Capital Management,            68,300      -0-        86,000       135,000  
N.A., in Various Fiduciary Capacities                                           
200 South Orange Avenue                                                         
Orlando, Florida  32802                                                         

SunTrust Banks of Tennessee, Inc.                                               
Parent Holding Company for:                                                     
-----------------------------                                                   
SunTrust Bank, Nashville, N.A.    591,165       -0-       550,768       38,592  
and in Various Fiduciary Capacities                                             
201 4th Avenue North                                                            
Nashville, Tennessee  37244                                                     

SunTrust Bank, Chattanooga      1,123,187    296,672      684,473     705,744   
N.A. and in Various Fiduciary                                                   
Capacities                                                                      
P.O. Box 1638                                                                   
Chattanooga, Tennessee  37401                                                   

SunTrust Bank, Alabama, N.A.        9,960     -0-         200        3,296      
and in Various Fiduciary Capacities                                             
201 South Court St.                                                             
Florence, Alabama  35631                                                        

SunTrust Bank, East Tennessee,    39,498      9,600       21,094       16,004   
N.A. and in Various Fiduciary                                                   
Capacities                                                                      
700 Hill Ave.                                                                   
Knoxville, Tennessee  37915                                                     

Shares Beneficially Owned   188,344,715                                         

SunTrust Banks, Inc.                                                            
303 Peachtree Street, Suite 1500                                                
Atlanta, Georgia  30308                                                         

February 1, 1998                                                                

Ladies and Gentlemen:                                                           

There is hereby transmitted for filing pursuant to Section 13(g) of             
the Securities Exchange Act of 1934 and Rule 13G thereunder a                   
Schedule 13G relating to beneficial ownership by SunTrust Banks,                
Inc. and its subsidiaries of shares of The Coca-Cola Company Common             
Stock.                                                                          

Please call the undersigned at (404) 581-1475 if you have any                   
questions.                                                                      

Sincerely,                                                                      

/s/ Cynthia S. Walker                                                           
---------------------                                                           
Cynthia S. Walker                                                               
Operations Officer                                                              
STI Trust & Investment Operations, Inc. as agent for SunTrust Banks, Inc.       

cc:    The Coca-Cola Company                                                    
New York Stock Exchange

Dates Referenced Herein and Documents Incorporated By Reference

This SC 13G/A Filing	Date	Other Filings

	2/1/98
Filed On / Filed As Of	2/6/98	SC 13G/A

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Sti Trust & Investment Operations Inc · SC 13G/A · Suntrust Banks Inc · On 2/6/98

Filed On 2/6/98 · SEC File 5-37153 · Accession Number 934637-98-2

Amendment to Statement of Beneficial Ownership · Schedule 13GFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated By Reference

Amendment to Statement of Beneficial Ownership · Schedule 13G
Filing Table of Contents