Mix batter ingredients in pre-sprayed 9-1/2-inch deep dish pie plate. Beat all cheesecake ingredients together in bowl with electric mixer until smooth. Combine caramel bits, sweetened condensed milk and cream in a small bowl.
Top batter with cheesecake topping and pour caramel mixture over top. Sprinkle with pecans.
Bake by placing in a COLD oven; set temperature to 350°F. Bake for 50 to 55 minutes or until cheesecake is firm.
Recipe Note: If desired, batter may be mixed in a separate bowl. Proceed as directed above.
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