Vanilla Buttercream

This is a recipe from Southern Living. There are several suggested varieties. So far, I've only made the Salted Caramel Buttercream.

Vanilla Buttercream

1/2 c butter, softened
3 oz cream cheese, softened
2 tsp vanilla extract
16 oz powdered sugar
3-4 T milk

1) Beat butter, cream cheese and vanilla until creamy.
2) Gradually add powdered sugar, alternating with milk. Beat at low speed until blended and smooth after each addition.

Variations:

Salted Caramel Buttercream

1) Prepare buttercream as directed above using only 3 T milk and adding 1/4 tsp kosher salt.
2) Melt 15 caramels with 1 T milk in a small bowl and microwave for 1 minute or until smooth.
3) Fold caramel into buttercream, creating swirls.