Oscar Nominations 2011: 'The King's Speech,' 'True Grit,' 'Toy Story 3,' and More

The Oscar nominations were announced this morning, and The King's Speech and True Grit were the two most-nominated films, with 12 and 10, respectively. Other notable nominations: Toy Story 3's Best Picture nod (only the third time an animated film has been nominated for Best Picture); Michelle Williams' Best Actress nomination for Blue Valentine; and Javier Bardem's Best Actor nomination for Biutiful—a role he performed entirely in Spanish.

Here's the list of Best Picture Nominees:

Black Swan

The Fighter

Inception

The Kids Are All Right

The King's Speech

127 Hours

The Social Network

Toy Story 3

True Grit

Winter's Bone

And Best Actor:

Jessie Eisenberg, The Social Network

Colin Firth, The King's Speech

James Franco, 127 Hours

Javier Bardem, Biutiful

Jeff Bridges, True Grit

And Best Actress:

Annette Bening, The Kids Are All Right

Nicole Kidman, Rabbit Hole

Jennifer Lawrence, Winter's Bone

Natalie Portman, Black Swan

Michelle Williams, Blue Valentine

Read the full list of Oscar nominees at the Wall Street Journal.