Nicole Kidman has scored her fifth Oscar nomination.

The Academy Award-winning actress has been nominated for Best Lead Actress for her turn as Lucille Ball in Being the Ricardos.

"WOW! I'm so overwhelmed! Just having breakfast with my family when the nominations came in. What a beautiful way to find out!," Kidman said of her nomination.

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"This was the hardest role I've ever done and to be honoured this way is deeply appreciated. And to Lucie Arnaz and Desi Arnaz Jr, thank you for trusting me with the opportunity to inhabit your mother.

"Lucille Ball is one of Hollywood's greatest icons. She was ahead of her time. From actress to producer to studio head, mother and wife, she's an extraordinary inspiration! Thank you Lucille Ball."

Australian actor Kodi Smit-McPhee is following his Golden Globe win, SAG Award and BAFTA nominations, with an Oscar nod as Best Supporting Actor for his role in The Power of the Dog.

"Where do I even begin...I'm simply elated," Smit-McPhee said. "This is beyond even my wildest imagination."

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The Jane Campion film leads the nominations, scoring 12 in total — including Best Picture, Best Lead Actor for Benedict Cumberbatch, Best Supporting Actress for Kirsten Dunst and Best Supporting Actor for her husband and co-star Jesse Plemons.

"To be honoured by the Academy is a truly humbling experience," Dunst said, adding: "For both Jesse and I to get our first nominations together is beyond our wildest dreams."

Campion also scored a Best Director nod for the western, landing the New Zealand director in the Oscars history books as the first woman to boast two career nominations in the category.

Also going into the history books with his Best Director nod for the semi-autobiographical film Belfast, is Kenneth Branagh. He's become the first person to be nominated in seven individual Oscar categories, surpassing George Clooney, Alfonso Cuarón and Walt Disney, who were recognised in six.

"It's a long way from the streets of Belfast to the Academy Awards," Branagh said reacting to the news.

"Today, I think of my mother and father, and my grandparents — how proud they were to be Irish, how much this city meant to them. They would have been overwhelmed by this incredible honour — as am I.

"Given a story as personal as this one, it's a hell of a day for my family, and the family of our film."

Campion and Branagh will battle is out for the trophy against directors Paul Thomas Anderson (Licorice Pizza), Ryûsuke Hamaguchi (Drive My Car) and Steven Spielberg (West Side Story) — who becomes the first filmmaker to be nominated for Best Director over six different decades.

Science-fiction epic Dune scored 10 nominations, including Best Picture, where it will go up against The Power of the Dog, Belfast, deaf community film CODA, climate change satire Don't Look Up, Japanese drama Drive My Car, coming-of-age story Licorice Pizza, thriller Nightmare Alley, musical West Side Story and King Richard — the movie about Venus and Serena Williams' dad, which has given Will Smith his third individual Oscar nomination for Best Lead Actor.

"I woke up to this. Our film is really nominated for an OSCAR!!!!!!! This is CRAZY!!!!!!!," Serena William posted on social media.

"From Compton to Wimbledon to Academy awards. Everyone can dream. And your dream can come true. OK I am definitely crying this morning. Congrats to the entire film and crew."

While both Bradley Cooper and Aussie Cate Blanchett missed out on individual nominations for Nightmare Alley, the movie is among the contenders for Best Picture.

Cooper also missed out on a nomination for his role in Licorice Pizza, for which he scored a SAG Award nomination.

His former A Star is Born co-star Lady Gaga also missed out on a nomination for her role in House of Gucci, which was widely tipped to earn the singer her second Best Actress nod.

Someone who was overlooked by both SAG and BAFTA was Kristen Stewart, who has followed her Golden Globe nomination with an Oscar nod for her turn as Princess Diana in Spencer. It's Stewart's first Oscar nomination.

Stewart will go up against Kidman in the Lead Actress category, as well as Jessica Chastain (The Eyes of Tammy Faye), Olivia Colman (The Lost Daughter) and Penélope Cruz (Parallel Mothers).

Cruz's husband and Kidman's co-star Javier Bardem is up for Best Lead Actor after playing Desi Arnaz in Being the Ricardos.

"To embody Desi Arnaz's spirit was a privilege and an honour and to be connected to his energy and legacy is something I will never forget," Bardem said, reacting to his nomination.

"I couldn't be happier to share this celebration with my talented wife, Penelope, for her work in Parallel Mothers. Thank you."

He will go up against Cumberbatch, Smith, Andrew Garfield (Tick, Tick … Boom!) and Denzel Washington (The Tragedy of Macbeth).

Washington has broken his own record as the most-nominated Black actor in Oscars history.

Tick, Tick ... Boom! was Hamilton creator Lin-Manuel Miranda's directorial debut. While he missed out on an individual nomination for the film (it scored an editing nod in addition to Garfield's acting nomination), Miranda did score an individual nomination for Best Original Song for 'Dos Oruguitas' from the Disney animation Encanto - taking him a step closer to a rare EGOT (Emmy, Grammy, Oscar, Tony Award wins).

Singer Billie Eilish and her brother Finneas O'Connell are nominated in the same category for their Bond theme song for the movie No Time To Die.

"Words cannot describe how honoured and excited we are to have been nominated for an Academy Award for our song 'No Time To Die'," the siblings said.

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"It was a lifelong dream of ours to write a Bond theme, and one we never thought would ever come true. It's completely unbelievable that we are here being recognised for this song, and this is a peak life experience for us as songwriters and artists."

Beyonce has also scored her first Oscar nomination with a nod in the Best Original Song category for the track 'Be Alive', which she wrote for the movie King Richard.

Other Australian nominees included cinematographers Greig Fraser and Ari Wegner, who were nominated for Best Cinematography for Dune and The Power of the Dog, respectively.

And Australian film producer Emile Sherman is recognised in The Power of the Dog's Best Picture nod.

"It has been an incredible privilege to work with Jane Campion on 'The Power of The Dog'," Sherman and fellow producer Iain Canning said in a statement.

"She is a visionary director and one of the world's finest filmmakers. ... Her artistry and graceful command of this story can be seen in every frame of the film and we are so grateful to The Academy for recognising it with 12 nomination."

The 94th annual Academy Awards will be on March 27 at Hollywood's Dolby Theatre.

Full list of nominees for the Academy Awards 2022:

Best Picture

"Belfast," Laura Berwick, Kenneth Branagh, Becca Kovacik and Tamar Thomas, producers

"CODA," Philippe Rousselet, Fabrice Gianfermi and Patrick Wachsberger, producers

"Don't Look Up," Adam McKay and Kevin Messick, producers

"Drive My Car," Teruhisa Yamamoto, producer

"Dune," Mary Parent, Denis Villeneuve and Cale Boyter, producers

"King Richard," Tim White, Trevor White and Will Smith, producers

"Licorice Pizza," Sara Murphy, Adam Somner and Paul Thomas Anderson, producers

"Nightmare Alley," Guillermo del Toro, J. Miles Dale and Bradley Cooper, producers

"The Power of the Dog," Jane Campion, Tanya Seghatchian, Emile Sherman, Iain Canning and Roger Frappier, producers

"West Side Story," Steven Spielberg and Kristie Macosko Krieger, producers

Best Director

Kenneth Branagh ("Belfast")

Ryûsuke Hamaguchi ("Drive My Car")

Paul Thomas Anderson ("Licorice Pizza")

Jane Campion ("The Power of the Dog")

Steven Spielberg ("West Side Story")

Best Lead Actor

Javier Bardem ("Being the Ricardos")

Benedict Cumberbatch ("The Power of the Dog")

Andrew Garfield ("Tick, Tick … Boom!")

Will Smith ("King Richard")

Denzel Washington ("The Tragedy of Macbeth")

Best Lead Actress

Jessica Chastain ("The Eyes of Tammy Faye")

Olivia Colman ("The Lost Daughter")

Penélope Cruz ("Parallel Mothers")

Nicole Kidman ("Being the Ricardos")

Kristen Stewart ("Spencer")

Best Supporting Actor

Ciarán Hinds ("Belfast")

Troy Kotsur ("CODA")

Jesse Plemons ("The Power of the Dog")

J.K. Simmons ("Being the Ricardos")

Kodi Smit-McPhee ("The Power of the Dog")

Best Supporting Actress

Jessie Buckley ("The Lost Daughter")

Ariana DeBose ("West Side Story")

Judi Dench ("Belfast")

Kirsten Dunst ("The Power of the Dog")

Aunjanue Ellis ("King Richard")

Best Adapted Screenplay

"CODA," screenplay by Siân Heder

"Drive My Car," screenplay by Ryusuke Hamaguchi, Takamasa Oe

"Dune," screenplay by Jon Spaihts and Denis Villeneuve and Eric Roth

"The Lost Daughter," written by Maggie Gyllenhaal

"The Power of the Dog," written by Jane Campion

Best Original Screenplay

"Belfast," written by Kenneth Branagh

"Don't Look Up," screenplay by Adam McKay; story by Adam McKay and David Sirota

"King Richard," written by Zach Baylin

"Licorice Pizza," written by Paul Thomas Anderson

"The Worst Person in the World," written by Eskil Vogt, Joachim Trier

Best Cinematography

"Dune," Greig Fraser

"Nightmare Alley," Dan Laustsen

"The Power of the Dog," Ari Wegner

"The Tragedy of Macbeth," Bruno Delbonnel

"West Side Story," Janusz Kaminski

Best Animated Feature Film

"Encanto," Jared Bush, Byron Howard, Yvett Merino and Clark Spencer

"Flee," Jonas Poher Rasmussen, Monica Hellström, Signe Byrge Sørensen and Charlotte De La Gournerie

"Luca," Enrico Casarosa and Andrea Warren

"The Mitchells vs. the Machines," Mike Rianda, Phil Lord, Christopher Miller and Kurt Albrecht

"Raya and the Last Dragon," Don Hall, Carlos López Estrada, Osnat Shurer and Peter Del Vecho

Best Animated Short Film

"Affairs of the Art," Joanna Quinn and Les Mills

"Bestia," Hugo Covarrubias and Tevo Díaz

"Boxballet," Anton Dyakov

"Robin Robin," Dan Ojari and Mikey Please

"The Windshield Wiper," Alberto Mielgo and Leo Sanchez

Best Costume Design

"Cruella," Jenny Beavan

"Cyrano," Massimo Cantini Parrini and Jacqueline Durran

"Dune," Jacqueline West and Robert Morgan

"Nightmare Alley," Luis Sequeira

"West Side Story," Paul Tazewell

Best Original Score

"Don't Look Up," Nicholas Britell

"Dune," Hans Zimmer

"Encanto," Germaine Franco

"Parallel Mothers," Alberto Iglesias

"The Power of the Dog," Jonny Greenwood

Best Sound

"Belfast," Denise Yarde, Simon Chase, James Mather and Niv Adiri

"Dune," Mac Ruth, Mark Mangini, Theo Green, Doug Hemphill and Ron Bartlett

"No Time to Die," Simon Hayes, Oliver Tarney, James Harrison, Paul Massey and Mark Taylor

"The Power of the Dog," Richard Flynn, Robert Mackenzie and Tara Webb

"West Side Story," Tod A. Maitland, Gary Rydstrom, Brian Chumney, Andy Nelson and Shawn Murphy

Best Original Song

"Be Alive" from "King Richard," music and lyric by Dixson and Beyoncé Knowles-Carter

"Dos Oruguitas" from "Encanto," music and lyric by Lin-Manuel Miranda

"Down To Joy" from "Belfast," music and lyric by Van Morrison

"No Time To Die" from "No Time to Die," music and lyric by Billie Eilish and Finneas O'Connell

"Somehow You Do" from "Four Good Days," music and lyric by Diane Warren

Best Documentary Feature

"Ascension," Jessica Kingdon, Kira Simon-Kennedy and Nathan Truesdell

"Attica," Stanley Nelson and Traci A. Curry

"Flee," Jonas Poher Rasmussen, Monica Hellström, Signe Byrge Sørensen and Charlotte De La Gournerie

"Summer of Soul (…Or, When the Revolution Could Not Be Televised)," Ahmir

"Questlove" Thompson, Joseph Patel, Robert Fyvolent and David Dinerstein

"Writing With Fire," Rintu Thomas and Sushmit Ghosh

Best Documentary Short Subject

"Audible," Matt Ogens and Geoff McLean

"Lead Me Home," Pedro Kos and Jon Shenk

"The Queen of Basketball," Ben Proudfoot

"Three Songs for Benazir," Elizabeth Mirzaei and Gulistan Mirzaei

"When We Were Bullies," Jay Rosenblatt

Best Film Editing

"Don't Look Up," Hank Corwin

"Dune," Joe Walker

"King Richard", Pamela Martin

"The Power of the Dog," Peter Sciberras

"Tick, Tick…Boom!" Myron Kerstein and Andrew Weisblum

Best International Feature Film

"Drive My Car" (Japan)

"Flee" (Denmark)

"The Hand of God" (Italy)

"Lunana: A Yak in the Classroom" (Bhutan)

"The Worst Person in the World" (Norway)

Best Makeup and Hairstyling

"Coming 2 America," Mike Marino, Stacey Morris and Carla Farmer

"Cruella," Nadia Stacey, Naomi Donne and Julia Vernon

"Dune," Donald Mowat, Love Larson and Eva von Bahr

"The Eyes of Tammy Faye," Linda Dowds, Stephanie Ingram and Justin Raleigh

"House of Gucci," Göran Lundström, Anna Carin Lock and Frederic Aspiras

Best Production Design

"Dune," production design: Patrice Vermette; set decoration: Zsuzsanna Sipos

"Nightmare Alley," production design: Tamara Deverell; set decoration: Shane Vieau

"The Power of the Dog," production design: Grant Major; set decoration: Amber Richards

"The Tragedy of Macbeth," production design: Stefan Dechant; set decoration: Nancy Haigh

"West Side Story," production design: Adam Stockhausen; set decoration: Rena DeAngelo

Best Visual Effects

"Dune," Paul Lambert, Tristan Myles, Brian Connor and Gerd Nefzer

"Free Guy," Swen Gillberg, Bryan Grill, Nikos Kalaitzidis and Dan Sudick

"No Time to Die," Charlie Noble, Joel Green, Jonathan Fawkner and Chris Corbould

"Shang-Chi and the Legend of the Ten Rings," Christopher Townsend, Joe Farrell, Sean Noel Walker and Dan Oliver

"Spider-Man: No Way Home," Kelly Port, Chris Waegner, Scott Edelstein and Dan Sudick

Best Live Action Short Film

"Ala Kachuu – Take and Run," Maria Brendle and Nadine Lüchinger

"The Dress," Tadeusz Łysiak and Maciej Ślesicki

"The Long Goodbye," Aneil Karia and Riz Ahmed

"On My Mind," Martin Strange-Hansen and Kim Magnusson

"Please Hold," K.D. Dávila and Levin Menekse

- reported with Variety and Reuters

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