1 recipe CHOCOLATE LAYER
1 3/4 cups (11.5-oz. pkg.) NESTLÉ TOLL HOUSE Milk Chocolate Morsels, divided
1/2 cup NESTLÉ TOLL HOUSE Butterscotch Flavored Morsels, divided
3/4 cup creamy peanut butter, divided
1 recipe MARSHMALLOW LAYER
1/4 cup (1/2 stick) butter
1 cup granulated sugar
1/4 cup CARNATION Evaporated Milk
1 jar (7 oz.) marshmallow creme
1 teaspoon vanilla extract
1 1/2 cups lightly salted peanuts, coarsely chopped
1 recipe CARAMEL LAYER
1 pkg. (14 oz.) vanilla caramels
1/4 cup heavy whipping cream
LINE 13 x 9-inch baking pan with foil; grease foil with butter.
FOR CHOCOLATE LAYER:
HEAT 1 cup milk chocolate morsels, 1/4 cup butterscotch morsels and 1/4 cup peanut butter in small saucepan over low heat, stirring frequently, until melted. Spread chocolate mixture over bottom of prepared baking pan; cover. Refrigerate for 20 minutes or until set.
FOR MARSHMALLOW LAYER:
MELT butter in heavy-duty saucepan over medium heat. Add granulated sugar and evaporated milk; heat to a boil. Cook, stirring occasionally, until sugar is dissolved. Reduce heat until mixture comes just to a boil. Heat for 5 minutes (do not stir); remove from heat. Stir in marshmallow creme, 1/4 cup peanut butter and vanilla extract. Stir in nuts. Carefully spoon marshmallow layer over chocolate layer; cover. Refrigerate for 20 minutes or until set.
FOR CARAMEL LAYER:
HEAT caramels and whipping cream in medium saucepan over low heat, stirring frequently, until caramels are melted and mixture is smooth. Spread caramel mixture over marshmallow layer; cover. Refrigerate for 15 to 30 minutes or until set.
FOR TOPPING:
HEAT remaining morsels and remaining peanut butter in small saucepan over low heat, stirring frequently, until mixture is smooth. Spread over caramel layer. Refrigerate at least 2 hours or overnight.
USE foil to lift candy from baking pan; remove foil. Cut into 1-inch pieces. Store in airtight container in refrigerator for up to 1 week.