SUNTRUST BANKS INC
SC 13G/A, 1997-02-07
NATIONAL COMMERCIAL BANKS
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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. 20)*.

                                     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                    129,449,298
                          -----------------------------------------
BENEFICIALLY              6.  SHARED VOTING POWER                      

OWNED BY                  45,169,192
                          -----------------------------------------
EACH                      7.  SOLE DISPOSITIVE POWER

REPORTING                 99,331,077
                          -----------------------------------------
PERSON                    8.  SHARED DISPOSITIVE POWER

WITH                      74,907,416
- -------------------------------------------------------------------
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        217,326,174
- -------------------------------------------------------------------
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
        SHARES*
- -------------------------------------------------------------------
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        8.73%
- -------------------------------------------------------------------
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                    122,028,005
                          ------------------------------------------
BENEFICIALLY              6.  SHARED VOTING POWER                      

OWNED BY                  44,564,695
                          ------------------------------------------
EACH                      7.  SOLE DISPOSITIVE POWER

REPORTING                 95,721,190
                          ------------------------------------------
PERSON                    8.  SHARED DISPOSITIVE POWER

WITH                      71,293,386
- -------------------------------------------------------------------
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        209,187,738
- -------------------------------------------------------------------
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
        SHARES*
- -------------------------------------------------------------------
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        8.40%
- -------------------------------------------------------------------
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                    99,072,149
                          -----------------------------------------
BENEFICIALLY              6.  SHARED VOTING POWER                      

OWNED BY                  44,564,695
                          -----------------------------------------
EACH                      7.  SOLE DISPOSITIVE POWER

REPORTING                 72,765,334
                          -----------------------------------------
PERSON                    8.  SHARED DISPOSITIVE POWER

WITH                      71,293,386
- -------------------------------------------------------------------
9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        186,228,882
- -------------------------------------------------------------------
10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
        SHARES*
- -------------------------------------------------------------------
11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        7.48%
- -------------------------------------------------------------------
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):
- ---------        ---------------------------------------
                 25 Park Place, N.E.
                 Atlanta, Georgia  30303

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.  217,326,174

              (b)    Percent of Class:   8.73%

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

                 (i)    Sole power to vote or to direct the vote:  
                        129,449,298

                 (ii)   Shared power to vote or to direct the vote: 
                        45,169,192

                (iii)   Sole power to dispose or to direct the disposition
                        of:     99,331,077

                 (iv)   Shared power to dispose or the direct the
                        disposition of:  74,907,416

                                    
                                                        
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:       January 31, 1997

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       73,698,197   44,564,695   47,391,382  71,293,386
and in Various Fiduciary Capacities
25 Park Place, N.E.
Atlanta, Georgia  30303

SunTrust Bank, Savannah          565,306         -0-       171,730    207,140
N.A. and in Various Fiduciary
Capacities
33 Bull Street
Savannah, Georgia  31401                                                   

SunTrust Bank, Middle          1,744,483        41,088   1,406,659    241,580
Georgia, N.A. and in Various
Fiduciary Capacities
606 Cherry Street
Macon, Georgia  31201

SunTrust Bank, Augusta,           219,089          -0-       66,315    152,264
N.A. and in Various Fiduciary
Capacities
80 Broad Street
Augusta, Georgia  30902

SunTrust Bank, West Georgia     1,364,578          -0-      380,148     689,660
N.A. and in Various
Fiduciary Capacities
1246 First Avenue
Columbus, Georgia  31901

SunTrust Bank, Northeast           54,742          -0-        32,778     30,884
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          227,168       -0-       16,558       161,446
Georgia, N.A. and in Various
Fiduciary Capacities
510 Gloucester Street
Brunswick, Georgia  31520

SunTrust Bank, South               12,878       -0-       12,878          400
Georgia, N.A. and in Various
Fiduciary Capacities
410 West Broad
Albany, Georgia  31701

SunTrust Bank, Northwest           93,965      -0-        93,965          400
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.    63,312      -0-        63,312          -0-
50 Hurt Plaza, Suite 1400
Atlanta, Georgia  30302 

SunTrust Banks of Florida, Inc.
as Parent Holding Company for:
- -------------------------------
SunTrust Bank, Central            262,705      120       109,282        52,193
Florida, N.A. and in Various
Fiduciary Capacities
200 South Orange
Orlando, Florida  32801

SunTrust Bank, South Florida,     312,209    67,600      122,270       257,219
N.A. and in Various Fiduciary 
Capacities
501 E. Las Olas Blvd.
Ft. Lauderdale, Florida  33301
                                                                            
SunTrust Bank,Tampa Bay and in    211,483       700       70,094       125,659
Various Fiduciary Capacities
315 East Madison St.
Tampa, Florida   33602

SunTrust Bank, Nature Coast and     15,248       87       11,035         4,500
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.       232,125     12,000     48,205     186,930
and in Various Fiduciary Capacities
777 Brickell Ave.
Miami, Florida   33031

SunTrust Bank, Mid-Florida, N.A.  103,101       -0-      91,020      12,081 
and in Various Fiduciary Capacities
595 Cypress Gardens Blvd, S.E.
Winter Haven, Florida  33882

SunTrust Bank, Gulf Coast          35,758        2       20,268       14,912
and in Various Fiduciary Capacities
1777 Main Street
Sarasota, Florida  34236
   
SunTrust Bank, North Central        28,600       -0-      13,885       3,902 
Florida and in Various Fiduciary
Capacities
203 E. Silver Springs Blvd.
Ocala, Florida  34470

SunTrust Bank, East Central         21,434     11,900      18,614      15,120   
Florida and in Various Fiduciary
Capacities
120 S. Ridgewood Avenue
Daytona Beach, Florida  32114

SunTrust Bank, Southwest Florida   52,726       1,000       30,765      17,911
and in Various Fiduciary Capacities
12730 New Brittany Blvd.
Fort Myers, Florida  33907

SunTrust Bank, North Florida,      32,796       -0-         16,540      16,256
N.A. and in Various Fiduciary
Capacities
200 W. Forsyth Street
Jacksonville, Florida  32202

SunTrust Bank, Tallahassee, N.A.    5,772       -0-          5,392         380
and in Various Fiduciary
Capacities
2051 Thomasville Road
Tallahassee, Florida  32312

SunTrust Bank, Treasure Coast,     13,255       -0-        5,725         5,450
N.A. and in Various Fiduciary
Capacities
111 Orange Avenue
Fort Pierce, Florida  34950

SunTrust Bank, West Florida         4,302       -0-        3,702          600
and in Various Fiduciary 
Capacities
220 W. Garden Street
Pensacola, Florida  32501

STI Capital Management,            72,940      -0-       109,890        16,000
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.    644,930       -0-       149,256      481,874
and in Various Fiduciary Capacities
201 4th Avenue North
Nashville, Tennessee  37244

SunTrust Bank, Chattanooga      1,052,016   459,960     582,499      899,869
N.A. and in Various Fiduciary
Capacities
P.O. Box 1638
Chattanooga, Tennessee  37401

SunTrust Bank, Alabama, N.A.        11,290     -0-         594        3,396
and in Various Fiduciary Capacities
201 South Court St.
Florence, Alabama  35631

SunTrust Bank, Northeast          15,764      10,040       11,720      14,084
Tennessee, N.A. and in
Various Fiduciary Capacities
207 Mockingbird Lane
Johnson City, Tennessee  37605

SunTrust Bank, East Tennessee,    10,620       -0-        8,500        1,920 
N.A. and in Various Fiduciary
Capacities
700 Hill Ave.
Knoxville, Tennessee  37915

Shares Beneficially Owned   217,326,174


SunTrust Banks, Inc.
25 Park Place, N.E.
Atlanta, Georgia  30303


January 31, 1997

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
       



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