Caramel Apple Bread Pudding

Caramel Apple Bread Pudding was pinched from <a href="http://www.kraftrecipes.com/recipes/caramel-apple-bread-pudding-150593.aspx" target="_blank">www.kraftrecipes.com.</a>
INGREDIENTS
1 Tbsp. butter
3 small Gala apples, peeled, chopped (about 3 cups)
25 KRAFT Caramels
1 can (12 oz.) evaporated milk, divided
1 can (14 oz.) sweetened condensed milk
4 eggs
1 tsp. vanilla
1/2 tsp. ground cinnamon
3/4 lb. unsliced white bread, cut into 1-inch cubes (about 8 cups)
1/2 cup dried cranberries
1 cup thawed COOL WHIP Whipped Topping
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