From kraftfoods.com:

PHILADELPHIA CREAM CHEESE - CREAM CHEESE - LIGHT
Ingredients: PASTEURIZED NONFAT MILK AND MILKFAT, WHEY, WHEY PROTEIN CONCENTRATE, CHEESE CULTURE, SALT, CALCIUM PHOSPHATE, STABILIZERS (XANTHAN AND/OR CAROB BEAN AND/OR GUAR GUMS), LACTIC ACID, SORBIC ACID AS A PRESERVATIVE, NATURAL FLAVOR, VITAMIN A PALMITATE.


I've seen worse.