Hollywood's biggest night did not disappoint on Sunday, and ET's Nancy O'Dell and Rob Marciano were on hand scooping up all the red carpet gossip.
PICS: Oscar Fashion
Ben Affleck's Argo was the favorite to win the Best Picture statuette going into the 85th Academy Awards, but you would've never known that by his demeanor on the red carpet.
"Usually you don't win [Best Picture] if you don't get nominated for [Best] Director," said Affleck, explaining why he kept his expectations low. "But it's been a crazy year and we're going to have fun and enjoy it."
Of course Affleck did indeed go home with the Academy Award for Best Picture, making this his second Oscar win.
Best Supporting Actress Anne Hathaway made extra precautions to prevent any wardrobe malfunctions after her BAFTA blunder where her zipper split.
"Always have a backup [dress] and a great stylist," said Hathaway, explaining the secret to avoiding wardrobe mishaps.
PICS: The Best Oscar Dresses of All-Time
Best Actress winner Jennifer Lawrence employed an unlikely source to help with her wardrobe. Although he's been famous for decades, Dustin Hoffman was little known for his fashion sense until he was snapped carrying Lawrence's train on the red carpet.
"George Clooney was my first choice, but Dustin was the only one that was available," Lawrence joked.
Watch the video for more.