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Matthew McConaughey and Camila Alves' baby boy, Levi Alves McConaughey, is on the cover of OK! Magazine with his famous parents this week... and isn't the tyke just precious!

25-year-old Camila wanted a natural birth but "ended up having an epidural because, on the contractions, the umbilical cord was being compressed. They went in and tried the vacuum," says McConaughey. When the vacuum didn't work, the doctor performed a C-section.

Matthew tells OK!: "Becoming a dad is something I've dreamed of doing since I was 10. Becoming a father felt very, very natural."

Congrats to the happy family!