Sandra Bullock DivorceWith the ink barely dry on Sandra Bullock and Jesse James' divorce papers, details about the terms of their split are beginning to emerge. The divorce decree, which was filed in Travis County, Texas, on Monday, acknowledges that Bullock is baby Louis Bardo's sole parent.

Perhaps most shockingly, however, sources close to the couple tell PEOPLE that the Oscar-wining actress will remain a co-parent to James' three children, Sunny, 6, Jesse Jr., 12, and Chandler, 15.