High fructose corn syrup, corn syrup, nonfat milk, soybean oil, cocoa processed with alkali, milk protein concentrate, contains 2% or less of: fully hydrogenated cottonseed oil, modified corn starch, maltodextrin, monoglycerides, sodium citrate, salt, potassium sorbate (preservative), sodium phosphate, vanillin (artificial flavor), tbhq (antioxidant).
Caution: bottle and contents will be hot. Do not shake hot bottle.