Oprah Winfrey, Sherri Shepherd, Barbara Walters Oprah Winfrey, Sherri Shepherd, Barbara Walters

Barbara Walters was welcomed to her last episode of The View as co-host with a standing ovation, but the show quickly kicked into high-gear with the arrival of the first of many surprise guests: Hillary Clinton.

As soon as Clinton sat down, a shocked Walters told the former First Lady, "You know what? You look terrific here. Why don't you take my place on the show? People won't be asking you what you're doing next all the time."

Barbara Walters reflects on her historic career

Clinton politely declined, while side-stepping any questions about her potential run for presidency. Instead Clinton just advised her friend to "take some time off... a week at least."

The View next welcomed Cheri Oteri, who reprised her famous SNL Walters impression for a skit in which Oteri's Walters interviewed the real deal. "Barbara, I've loved doing you," Oteri told the host, before joking, "Uh oh. Looks like someone owes me dinner."

Next, Walters welcomed Michael Douglas, a frequent guest and her friend. The actor took the opportunity to discuss the status of his relationship with his wife Catherine Zeta-Jones, from whom he temporarily separated last year. "We're good. I mean I think if both parties want to work it out, it works out. We want to do it," Douglas clarified.

Add new fall shows to your Watchlist!

Various female news anchors from ABC affiliates hared their gratitude toward Walters, who inspired them to pursue careers in TV journalism, before The Viewhosts welcomed Oprah Winfrey to the stage. "Of course I'm here," Winfrey said. "I had to be here for your last show to celebrate you because of what you have meant to me. You have literally meant the world to me. And the truth is there are so many things I want to say but there isn't enough time to say them all. Like everyone else, I want to thank you for being a pioneer and everything that means."

"You are the reason that were all here and the reason I wanted to be in television," Winfrey added.

The View then surprised Walters by having notable female morning show anchors congratulate the longtime host on her career, including Diane Sawyer,Robin RobertsSavannah GuthrieMeredith VieiraKathie Lee Gifford and Hoda Kotb.

"How do you say goodbye to something like 50 years in television? The good news is now I'm going to have time to get Botox," Walters joked, before reflecting upon her career and plugging her two-hour ABC special airing Friday at 8/7c.

Will you miss Walters? Watch the tribute to her below:

ABC US News | ABC Entertainment News