Will Ferrell and wife Will Ferrell and wife

Shortly after appearing on Conan O'Brien's final Tonight Show to perform a stellar rendition of "Free Bird", Will Ferrell and wife Viveca Paulin welcomed another son.

VIDEO: Will Ferrell performs "Free Bird" on Conan's final Tonight Show

The baby, named Axel Ferrell, arrived Saturday morning in Los Angeles, the actor's rep said, adding that the family is healthy. Axel joins older brothers Magnus, 5, and Mattias, 3.

Will Ferrell, wife expecting third child

Ferrell, 42, and Paulin, 40, wed in 2000 and announced the pregnancy last fall.

What do you think of the name Axel?