After being together since 2005, Liev Schreiber and Naomi Watts have decided to go their separate ways.

The news was first reported by Entertainment Tonight, who confirmed that the long-time couple had split up. The former couple said in a statement, “Over the past few months we’ve come to the conclusion that the best way forward for us as a family is to separate as a couple. It is with great love, respect, and friendship in our hearts that we look forward to raising our children together and exploring this new phase of our relationship. While we appreciate your curiosity and support, we ask the press to be mindful of our children and respect their right to privacy.”

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