1 (14 oz.) can sweetened condensed milk
1 (4 or 4 1/8 oz.) pkg. chocolate flavor instant pudding and pie filling mix
1 c. cold water
1 c. whipping cream, whipped

In large mixer bowl, combine sweetened condensed milk, pudding mix, and water; beat until well blended. Chill 5 minutes. Fold in whipped cream. Spoon into individual serving dishes. Chill thoroughly. Garnish as desired. Refrigerate leftovers.