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Step 1
Pour water in the Instant Pot.
Step 2
Place chicken and cream cheese in an even layer and sprinkle ranch seasoning over the top.
Step 3
Using the display panel select the MANUAL or Pressure Cook function*. Use the +/- buttons and program the Instant Pot for 15 minutes.
Step 4
When the time is up, quick-release the remaining pressure.
Step 5
Carefully remove the chicken and shred.
Step 6
Using the display panel select CANCEL and then SAUTE . Whisk the cream cheese mixture thoroughly to break up any remaining cream cheese pieces.
Step 7
Return chicken to pot along with cheddar cheese. Mix thoroughly and then turn the pot off.
Step 8
Sprinkle with bacon and green onions and serve.