Water, Skim Milk, Milk Protein Concentrate, Cream, Cocoa, Cocoa (Processed with Alkali), Soluble Corn Fiber, Contains Less than 1% of: Natural and Artificial Flavors, Sodium Hexametaphosphate, Dipotassium Phosphate, Corn Starch, Salt, Sucralose, Carrageenan, Lactase Enzyme, Vitamin A Palmitate and Vitamin D3.