- 2 cups oven-toasted cereal squares
- 2 cups small pretzel twists
- 1 cup dry-roasted peanuts
- 20 caramels
- 1 (11 ounce) package NESTLE® TOLL HOUSE® Butterscotch Flavored Morsels
- COAT 13 x 9-inch baking pan with nonstick cooking spray.
- COMBINE cereal, pretzels, peanuts and caramels in large bowl. Place morsels in medium, microwave-safe bowl. Microwave on MEDIUM-HIGH (70 percent) power for 1 minute; stir. Microwave at additional 10- to 20-second intervals, stirring until smooth. Pour over cereal mixture; stir to coat evenly.
- SPREAD mixture into prepared baking pan; let stand for 20 to 30 minutes or until firm. Break into small pieces.