STEP ONE

Sprinkle steak pieces evenly with salt and pepper.

STEP TWO

Heat oil in 6-quart saucepan over medium-high heat. Add steak, onion, garlic and chili powder. Cook 5 minutes or until steak is browned on all sides and onion is tender, stirring frequently.

STEP THREE

Add beans, both undrained tomatoes, tomato paste, water, sugar and red pepper; blend well. Bring to a boil. Reduce heat to low; simmer 10 minutes, stirring occasionally. Serve with optional toppings, if desired.