Reese Witherspoon and Ryan Phillippe's divorce was finalized Thursday, Los Angeles court records show, indicating that financial and custody settlements have been established.
Details were not immediately available, however, the ex-couple have repeatedly sought a shared custody agreement with children Ava, 8, and Deacon, 4.
The divorce documents, dated June 12, read: "The court finds the parties have settled all their remaining issues in these proceedings."
Witherspoon is currently dating Jake Gyllenhaal, while Phillippe, 33, recently was seen out with Australian actress Abbie Cornish, 25.
After seven years of marriage, Witherspoon, 32, filed for divorce in November 2006 citing irreconcilable differences.
The couple first met when a friend brought Phillippe to Witherspoon's 21st-birthday party. Two years later, after they had costarred in 1999's "Cruel Intentions", Phillippe proposed. The couple married in June 1999 and had Ava three months later.
Ryan Phillippe will next be seen in the comedy romance thriller "Franklyn" due in theaters in early December - the story of four lost souls in a futuristic London society where there is no separation between Church and State.
Reese Witherspoon can be seen this November starring in the comedy "Four Christmases" with Vince Vaughn, about a couple who struggle to visit all four of their divorced parents on Christmas Day.
Learn more about Ryan Phillippe at StarLink
Learn more about Reese Witherspoon at StarLink
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