How Much Does Amber Heard Owe Johnny Depp After Reaching Defamation Case Settlement?

Amber Heard has agreed to pay Johnny Depp $1 million to settle her former husband's defamation case, multiple media outlets reported Monday.

The money won't come directly from the "Aquaman" actress. Instead, her insurance company will shell out the payment.

At the end of a six-week trial, a jury reached a verdict that mostly favored Depp. Heard was initially ordered to pay Depp $10 million in compensatory damages and $5 million in punitive damages.

However, the punitive damages were decreased to $350,000 by a statutory cap. Depp was ordered to pay Heard $2 million in punitive damages.

Heard posted a lengthy statement on Instagram announcing the settlement and reflected on how the high-profile case changed her life.

"It's important for me to say that I never chose this. I defended my truth, and in doing so, my life as I knew it was destroyed. The vilification I have faced on social media is an amplified version of the ways in which women are re-victimized when they come forward," Heard wrote.

"Now I finally have an opportunity to emancipate myself from something I attempted to leave over six years ago and on terms I can agree to. I have made no admission. This is not an act of concession. There are no restrictions or gags with respect to my voice moving forward."

Heard also criticized the U.S. justice system for excluding evidence that corroborated her testimony from the trial and accused the courts of favoring Depp's fame over truth.

"I make this decision having lost faith in the American legal system, where my unprotected testimony served as entertainment and social media fodder," she wrote.

"In the interim, I was exposed to a type of humiliation that I simply cannot re-live. Even if my U.S. appeal is successful, the best outcome would be a re-trial where a new jury would have to consider the evidence age. I simply cannot go through that for a third time."

Along with emotional strain, Heard said she could not financially continue ongoing legal battles against her ex-husband and noted that "women shouldn't have to face abuse or bankruptcy for speaking her truth."

"I will not be threatened, disheartened, or dissuaded by what happened from speaking the truth. No one can, and no one will take that from me. My voice forever remains the most valuable asset I have," she said.