Step 1

Combine evaporated milk and morsels in mediumheavy-duty saucepan.Cook over low heatstirring frequentlyuntil morsels are melted.Remove from heat; stir in vanilla extract.

Step 2

Serve warm as a dipping sauce for fresh fruit or spoon over ice cream or cake.Store remaining sauce tightly covered in refrigerator. Recipe makes 2 cups.