Actress Reese Witherspoon's marriage to Ryan Phillippe is officially over - their divorce was finalized on Thursday.

The couple ended its seven-year marriage when they separated in 2006 and the union was dissolved on October 5th, but the pair has only now fully resolved all financial and custodial issues. Court documents filed in Los Angeles on Thursday reads: "(The court finds) the parties have settled all their remaining issues in these proceedings."

Witherspoon and Phillippe have since moved on to new relationships. The Legally Blonde star is currently dating Jake Gyllenhaal, while Phillippe recently went public with his romance with Abbie Cornish.

Witherspoon and Phillippe have two children - daughter Ava, eight, and son Deacon, four.

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(This news article provided by World Entertainment News Network)