MIX spaghetti sauce, tomatoes, water, basil and garlic; spoon 1-1/2 cups into large skillet.
COVER with layers of half each of the pasta and shredded cheese; top with remaining pasta, sauce and shredded cheese. Cover.
COOK on medium heat 10 min. or until sauce is bubbly. Gently shake skillet to loosen pasta from bottom of skillet; simmer on medium-low heat 20 min. or until pasta is tender. Sprinkle with Parmesan. Remove from heat; let stand 5 min.