The colon in the sentence "I'm still missing three key ingredients: graham crackers, heavy cream, and limes." is used to introduce a list of items. Here's how it works:
1. **Introducing a list**: A colon can be used to introduce a list of items, details, or examples that expand on the preceding statement. In this case, the colon is followed by the list of key ingredients needed for a recipe, namely graham crackers, heavy cream, and limes.
Therefore, in the given sentence, the colon is functioning as a signal to the reader that a list of specific items is about to follow. It helps organize the information and makes it clear what items are essential for the recipe.