The couple is already parents to a 3-year-old daughter named Lua.
'You were either going to kill somebody or you were gonna get killed.'
The couple's teenage children were also in the pic.
The Hollywood icon also dished on his new Netflix series, 'The Kominsky Method,' while talking to ET at AFI Fest.
Cameron Douglas shared the cutest moment of his father and daughter spending quality time together.
The adorable daughter of Cameron Douglas posed with her famous grandfather.
The actor appears to be enjoying sweet family bonding time with his grandson Cameron Douglas' little girl, Lua.
The Oscar winner opened up about his eldest son's journey to recovery after serving a seven-year prison sentence for drug possession.
The actor is getting candid about his eldest son's public struggle with drug addiction.
ET was at the premiere of the latest Marvel film talking family and onscreen reunions.
Michael Douglas' son Cameron welcomed his first child on Monday.
Michael Douglas' eldest son welcomed a daughter with yoga instructor Viviane Thibes on Monday.
The 38-year-old actor opened up about his impending fatherhood at the premiere of stepmom Catherine Zeta-Jones' new film, 'Cocaine Godmother: The Griselda Blanco Story,' which premieres Jan. 20 on Lifetime.
Cameron also shared some inspiring words about his baby.