Tom Cruise, Katie Holmes Divorce Settlement Finalized

New details reveal Cruise will pay $400,000 a year in child support for his daughter Suri.
3:00 | 08/24/12

Coming up in the next {{countdown}} {{countdownlbl}}

Coming up next:

{{nextVideo.title}}

{{nextVideo.description}}

Skip to this video now

Now Playing:

{{currentVideo.title}}

More information on this video
Enhanced full screen
Explore related content
Comments
Related Extras
Related Videos
Video Transcript
Transcript for Tom Cruise, Katie Holmes Divorce Settlement Finalized
Katie Holmes and Tom cruise's divorce is finally. Final and now we're finding -- some of the settlement details TMZ reports that Katie did not get any sort of lump sum pay out. She will get 400000 dollars a year in child support not Tom also -- series expenses. Such as medical dental education college -- also agree that their daughter will not attend any sort of residential or boarding school from now through high school.

This transcript has been automatically generated and may not be 100% accurate.

{"id":17075433,"title":"Tom Cruise, Katie Holmes Divorce Settlement Finalized","duration":"3:00","description":"New details reveal Cruise will pay $400,000 a year in child support for his daughter Suri.","url":"/Entertainment/video/tom-cruise-katie-holmes-divorce-settlement-finalized-17075433","section":"Entertainment","mediaType":"Default"}