Counting Protein Shake Calories

When cutting or counting calories in general, do you include the cals from Protein Shakes or do you just count it from a food intake perspective?

Protein shakes included...espcecially if you add !! to it.

My shake consists of:

Milk
Whey
Oats
Peanut Butter
Ice Cream

Its like 700 cals, have to include it.

Of course you would count.