Katie Holmes will reportedly only take home $400,000 per year from Tom Cruise following their divorce settlement, TMZ reported earlier Friday.

Based on their prenuptial agreement, Holmes is not entitled to any of Cruise's reported $250 million fortune as marital property, TMZ said. However, he'll fork over $400,000 annually for child support until their daughter Suri, 6, is 18 years old.

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Holmes and Cruise said in July they had reached an agreement less than two weeks into their headline-dominating divorce case (they were married in Italy in 2006). Their lawyers and representatives wouldn't disclose details. Records filed in a New York City court indicate the case was closed Monday.

Holmes, 33, will next be seen in "Dead Accounts" on Broadway. She'll also appear in a modern adaptation of Chekhov's "The Seagull" and will soon begin filming "Molly," which she co-wrote and will produce.

With the Associated Press