Easy Caramel Popcorn

Instructions

1. Step 1

   Heat oven to 300°F.

2. Step 2

   Spray large baking sheet with cooking spray. Cook caramels, butter and water in large saucepan on low heat until caramels are melted, stirring frequently.

3. Step 3

   Combine popcorn and nuts in large bowl. Add caramel mixture; toss to coat. Spread onto prepared baking sheet.

4. Step 4

   Bake 20 min., stirring after 10 min. Spoon onto sheet of waxed paper; cool completely. Break into clusters.