By Erin Strecker
Updated July 10, 2012 at 01:40 PM EDT

After Tom Cruise and Katie Holmes reached a settlement in their divorce yesterday, rumors swirled with regards to the specifics of the deal.

Many outlets, including People, reported yesterday that the couple’s daughter, Suri, 6, will live primarily with Holmes in New York with generous visitation by Cruise. People cites an anonymous source saying, “They both love their daughter, and Tom thinks she should be with her mother.” Another anonymous source told People, “Neither one of them wanted this to be hashed out in public.”

However, Katie Holmes’ attorney, Jonathan Wolfe, said to People, “There are numerous inaccuracies in the reports regarding the purported contents of the agreement reached between the parties. The agreement is confidential and its terms will not be disclosed.”

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