Directions

• Combine all ingredients in a heavy saucepan.
• Heat over low, stirring constantly until caramels are melted and the mixture is smooth.
• For a thinner sauce, heat with additional evaporated milk.
• Cool to room temperature and use as a dip for apple wedges.
• Also good as an ice cream topping or drizzled over unfrosted cake squares.
• Keep refrigerated for weeks.