Jennifer Lopez and Marc Anthony Split

After 7 years of marriage it looks like J-Lo and Marc Anthony are done. People magazine reported the news earlier today and from the way things sound, the decision is very mutual. The two released a joint statement announcing the split.

We have decided to end our marriage," they tell PEOPLE exclusively in a joint statement. "This was a very difficult decision. We have come to an amicable conclusion on all matters."

[via People]

Jennifer Lopez, 41, and Marc Anthony, 42, got married back in 2004 and have two children, 3-year-old twins Max and Emme.

This is J-Lo's third divorce. Yikes.