Nonfat Milk, Water, Sugar, Vegetable Oil (contains one or more of the following: Palm Oil, Partially Hydrogenated Palm Oil, Sunflower Oil, Partially Hydrogenated Soybean Oil), Modified Corn Starch, Tapioca, less than 2% of: Salt, Calcium Carbonate, Sodium Stearoyl Lactylate, Artificial Flavor, Color added (including Yellow 5 Lake and Yellow 6 Lake). No preservatives.