It’s the moment we did not want to happen; Ben Affleck and Jennifer Garner are officially divorcing after 10 years of marriage.

The famous couple announced their split in a joint statement on Tuesday after reports circulated that they had been living apart for months.

"After much thought and careful consideration, we have made the difficult decision to divorce," the two said in an official statement. "We go forward with love and friendship for one another and a commitment to co-parenting our children whose privacy we ask to be respected during this difficult time."

This shocking news comes one day after their 10-year anniversary on Monday, June 29.

Rumors of the Affleck and Garner divorcing began earlier this month when moving vans were spotted outside their Brentwood home.

A source close to the former couple revealed that Affleck and Garner “intend to seek mediation,” notes PEOPLE.

Affleck and Garner met on set of their 2003 film Daredevil. They were married back in June 2005 and have welcomed three children together: Violet, 9, Seraphina, 6, and Samuel, 3.

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