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Excuse us while we cry a little over this Naomi Watts & Liev Schreiber news

For Cailyn Cox, writing isn't just a hobby, it's her life. Passionate about Hollywood, she makes it her mission to find the most entertaining celebrity gossip for SheKnows readers. And when she's not enthralled in the celeb world, she's ...

Naomi Watts and Liev Schreiber have broken up, but don't expect it to turn bitter and nasty like Brangelina's split

Naomi Watts and Liev Schreiber have separated after 11 years together. We know, it's pretty darn shocking.

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The couple, who share two children, released a joint statement about their decision to part ways on Monday. In it, they said they'd 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," they continued before asking for privacy during this time.

The news obviously comes as a surprise to fans, but to insiders, it's not all that shocking. A source on set of Schreiber's series Ray Donovan told People magazine, "They have been on the rocks for quite a while."

The reports of trouble in paradise were echoed by an E! News source, who told the publication that it wasn't a single event that caused the split, but rather that it was "a long time coming." However, unlike so many other Hollywood splits that turn bitter and nasty, that's not expected to happen with these two, as the source said, "They'll still be good friends and co-parents."

And if their Instagram accounts are anything to go by, it appears that the pair are still on good terms — as just three weeks ago Watts shared a selfie of her and Schreiber.

Congratulations @lievschreiber #proud as punch.#thebleeder #chuckwepner @venicefilmfestival

A photo posted by Naomi Watts (@naomiwatts) on

Last week Schreiber also made an appearance on her social media, as she shared a photo of him and their son Alexander Pete (also known as Sasha) getting ready for the 2016 Emmys.

Dapper duo here... #twinning#crushingit #goodluck #raydonovan @lievschreiber #proudbeyondwords

A photo posted by Naomi Watts (@naomiwatts) on

Just a few weeks ago, Schreiber also took to Instagram to share a sweet picture of Watts, which he captioned with, "Ay dios mio..." which translates to "oh my god."

Ay dios mio...

A photo posted by Liev Schreiber (@lievschreiber) on

While we're obviously sad to learn that these two are parting ways, it sounds like they have nothing but mutual respect and adoration for one another, and we hope that it stays this way in the months to come.

More: We bet Lionel Richie is rejoicing over Justin Bieber's relationship news

Are you surprised by the news of Naomi Watts and Liev Schreiber separating? Share your thoughts in the comments below.

Before you go, check out our slideshow below.

Naomi Watts and Liev Schreiber have broken up, but don't expect it to turn bitter and nasty like Brangelina's split
Image: FayesVision/WENN.com
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