Caramel Popcorn Balls
["2 quarts popped popcorn", "3 cups rice cereal", "42 caramels", "3 Tbsp. water", "1 cup salted peanuts", "1/8 tsp. salt"]
["Combine popcorn and cereal in a large bowl; set aside.", "In a heavy saucepan over low heat or in a microwave-safe dish, heat caramels and water until the caramels are melted.", "Stir in peanuts and salt; mix well.", "Pour over popcorn mixture and toss to coat. With buttered hands, shape into 3-inch balls."]
["popcorn", "rice cereal", "caramels", "water", "peanuts", "salt"]