Add white sugar and water to a large skillet. Heat over medium-high and bring the mixture to a boil on the stove-top.
1
Shaking the skillet frequently, continue to cook the water and sugar mixture until it turns an amber color like so.
2
Turn off the heat. Pour in the heavy cream and whisk right away to combine. The mixture will bubble up a lot as pictured. Be careful. It's very hot.
3
Add the salted butter, bourbon and vanilla extract. Whisk until the butter melts and the caramel sauce turns silky and smooth.
4