Katie Holmes, Tom Cruise Finalize Divorce

Celebrity News Aug. 21, 2012 AT 6:15PM
Katie Holmes and Tom Cruise arrive at the Vanity Fair Oscar Party on February 26, 2012 in West Hollywood, California. Katie Holmes and Tom Cruise arrive at the Vanity Fair Oscar Party on February 26, 2012 in West Hollywood, California. Credit: Mark Sullivan/WireImage.com

TomKat is officially no more.

Tom Cruise and Katie Holmes' divorce was finalized in NYC Monday, according to court documents E! News has obtained.

After the Kennedys actress, 33, blindsided her husband of five years by filing for divorce June 28, the couple was able to reach a remarkably speedy settlement a little over one week later.

PHOTOS: How Katie transformed during her marriage to Tom

In the agreement, Holmes received primary legal and physical custody of the couple's six year old daughter, Suri.

Cruise, 50, and Holmes wed in an elaborate ceremony in Italy in 2006. It was the first marriage for Holmes and the third marriage for Cruise, whose ex-wives include Mimi Rogers and Nicole Kidman.

VIDEO: Katie Holmes steps out in NYC after filing for divorce

How has Holmes been holding up following her decision to leave the Rock of Ages star?

"She's doing really great," a source close to the actress tells Us Weekly. "She's so strong, she's an independent girl with her own ideas. She is fine."

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