i know what santa s gettin for christmas it s waitin underneath the mistletoe i know what santa s gettin for christmas it s gonna come wrapped in a big red bow he s been very good this year i ve read his list i ve checked it twice i think it s time to spread the christmas cheer cause he s been naughty but nice i know what santa s gettin for christmas it s waitin underneath the mistletoe ho ho i know what santa s gettin for christmas it s gonna come wrapped in a bit red bow ain t no red nosed reindeer or no magic sleigh they talked about in christmas past it s the present that he gets to open christmas day that gets him round the world so fast i know what santa s gettin for christmas it s waitin underneath the mistletoe ho ho i know what santa s gettin for christmas it s gonna come wrapped in a bit red bow by the time he hits my stockings he ll be milk and cookies out but i ve still got somethin up my sleeve a special little gift he doesn t know about it ll last him up until next christmas eve i know what santa s gettin for christmas it s waitin underneath the mistletoe ho ho i know what santa s gettin for christmas it s gonna come wrapped in a bit red bow i know what santa s gettin for christmas i m gonna come wrapped in a big red bow