LOS ANGELES (CBS) — Jennifer Lopez and Marc Anthony are calling it quits, according to People.com.

After seven years of marriage, the duo announced Friday that they decided to end their marriage.

In a statement released to People Magazine, Lopez, 41, and Anthony, 42, said, “This is a very difficult decision. We have come to an amicable conclusion on all matters. It is a painful time for all involved and we appreciate the respect of our privacy at this time.”

The couple wed in June 2004 and has 3-year-old twins, Emme and Max.