Shredded pasteurized prepared cheese product with chipotle peppers. 2 cups. Same amount of cheese! Still 2 cups. Per 1/4 Cup: 60 calories; 2 g sat fat (10% DV); 450 mg sodium (19% DV); less than 1 g sugars. Recloseable. Top your favorite recipe with smooth & creamy Velveeta. kraftfoods.com.