Jumbo Breakfast Cookies

INGREDIENTS

• 2 cups white sugar
• 1 cup peanut butter
• 1 cup butter or margarine
• 1/2 cup water
• 2 tablespoons vanilla extract
• 2 eggs
• 2 1/4 cups all-purpose flour
• 1 teaspoon baking soda
• 1/2 teaspoon salt
• 1 1/2 cups rolled oats
• 1 1/2 cups raisins
• 6 cups toasted oat cereal rings (such as Cheerios®)