1 (14-ounce) can EAGLE BRAND® Sweetened Condensed Milk (NOT evaporated milk)
4 cups milk
4 tablespoons unsweetened cocoa powder
1 teaspoon vanilla extract or peppermint extract
Whipped cream or whipped topping
In medium-sized saucepan, combine EAGLE BRAND®, milk and cocoa. Heat throughly, stirring constantly. Remove from heat.
Stir in vanilla or peppermint extract. Serve warm in mugs; top with whipped cream or whipped topping.