Combine sugars and next 5 ingredients in a large bowl, and beat at medium speed of an electric mixer until well blended.
Combine flour, baking soda, and salt; gradually add to margarine mixture, beating well. Add chocolate morsels; stir well.
Drop dough by rounded tablespoonfuls onto cookie sheets coated with cooking spray. Bake at 350º for 12 minutes. Cool on wire racks.