Tom Cruise and Katie Holmes Divorcing, Report Says

June 29, 2012 Updated Jun 29, 2012 at 1:29 PM EDT

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Tom Cruise and Katie Holmes Divorcing, Report Says

June 29, 2012 Updated Jun 29, 2012 at 1:29 PM EDT

Tom Cruise and Katie Holmes are splitting.

According to People magazine, the star couple is divorcing. Cruise, 49, and the 33-year-old Holmes were married in 2006. They have a six-year-old daughter together.

Read the People magazine report HERE.