Michelle Williams - Oscars 2012 Red Carpet

Michelle Williams looks gorgeous in Louis Vuitton at the 2012 Oscars held at the Hollywood & Highland Center on Sunday (February 26) in Hollywood.

The 31-year-old actress accessorized her look with Christian Louboutin shoes, a Bottega Venetta bag, a Fred Leighton for Forevermark necklace, and a Fred Leighton diamond bow brooch.

PHOTOS: Check out the latest pics of Michelle Williams

Michelle, who is nominated tonight for Best Actress for her work in My Week With Marilyn, brought along her BFF Busy Philipps (in a Dolce & Gabbana dress, Irene Neuwirth jewels, and Brian Atwood heels) as her date!

Billy Crystal hosts the 2012 Oscars live TONIGHT at 8:30 p.m. ET/5:30 p.m. PT on ABC!