updated 07/02/2013 AT 10:15 AM ET
•originally published 07/02/2013 AT 7:55 AM ET
Speaking with Charlie Rose on CBS This Morning Monday, Depp said honesty guided the family in handling the breakup.
“When you have children, there is no room for lies, no room for anything but the truth. Anything other than that is a bad example, I believe,” said Depp, father of Jack, 11, and Lily-Rose, 14.
“We were just very truthful with them and they were just incredibly understanding, incredibly accepting. I was extremely proud of them, the way they dealt with it.”
Depp, who plays sidekick Tonto to leading man Armie Hammer in the new film adaption of The Lone Ranger, opening July 3, said he’s also grown more comfortable as he ages, noting that playing a No. 2-role suits him just fine.
“I would rather be a Keith than a Mick,” Depp, a musician who has played in bands, said of the Rolling Stones’ hierarchy of Richards and Jagger.
He is also fine with aging, saying his 50th birthday June 9 opened the door for more freedom in his life.