Tom Cruise began working hours after settling his divorce from Katie Holmes.
Cruise reportedly flew to Mammoth Lakes, Calif., Monday, where he is shooting "Oblivion." The actor was filming scenes for the science-fiction movie in Iceland when he learned that Holmes filed for divorce on June 28 after nearly six years of marriage.
According to People magazine, the two have agreed that their daughter Suri, 6, will live primarily with her mother in New York.
Lawyers for Holmes and Cruise did not confirm the nature of the settlement when they released statements Monday.
"The case has been settled and the agreement has been signed," Holmes' lawyer, Jonathan Wolfe, said in an email statement Monday. "We are thrilled for Katie and her family and are excited to watch as she embarks on the next chapter of her life."
He added, "We thank Tom's counsel for their professionalism and diligence that helped bring about this speedy resolution."
Cruise's attorney Bert Fields told ABC News, "The Tom Cruise–Katie Holmes case has been settled with a signed agreement. Tom is really pleased we got there, and so am I."
Holmes' lawyer Allan Mayefsky told ABC News the divorce was "amicably settled" but the "terms of the settlement are confidential."
Publicists for Cruise and Holmes released a joint statement from the couple, saying, "We are committed to working together as parents to accomplishing what is in our daughter Suri's best interests. We want to keep matters affecting our family private and express our respect for each other's commitment to each of our respective beliefs and support each other's roles as parents."
Legal experts praised the couple's speedy settlement.
"For sure, the best solution for these two is a settlement," said Steve Mindel, a family law attorney in Los Angeles. "A settlement allows them to stay out of the press. By filing for sole legal custody, she sent a clear signal that if we're not able to co-parent in a way that we can trust each other, this will be really expensive. She would have taken it to the mat."
Mindel noted that the couple's statement about expressing respect for "our respective beliefs" likely means that Scientology is not off the table when it comes to raising Suri.
"This is an acknowledgement of the two parties that they trust each other to be reasonable in bringing their religious beliefs to the child," he said. "It's an acknowledgement that they're going to co-parent this child and expose this child to their beliefs, respecting the other party's beliefs."
Linda Silberman, a professor at the New York University School of Law, suggested that other famous couples going through divorce follow Cruise and Holmes' lead.
"I give enormous credit to them," she said. "This should be a model for the people who fight for years. This really the best of the matrimonial bar, it can't be done without the cooperation of the parents obviously, and this good for everyone."