Dulce de Leche

Directions

1. 1
   Combine all ingredients in a large heavy saucepan.
2. 2
   Cook over medium heat, without stirring, until mixture boils, 15-20 minutes.
3. 3
   Briefly remove from heat.
4. 4
   Reduce heat to low, cook, stirring frequently, until mixture becomes cramel color and thickens enough to see bottom of pan when stirring, 45-60 minutes.
5. 5
   Cool to room temp.
6. 6
   or refrigerate covered.