COMBINE 2 cups sugar, 1/2 cup each water and corn syrup in medium saucepan on medium-low heat until mixture reaches 300°F on a candy thermometer; about 30 min.

STIR in 1/4 cup KRAFT Smooth Peanut Butter and a few handfuls each TEDDY GRAHAMS Cookies and peanuts. Pour onto baking sheet and allow to cool completely. Break into bit-sized pieces. Store in airtight container for up to 2 weeks.