"It's the best," Paltrow said of being a parent. "They're really coming into themselves. They're hilarious. They're smart. They can talk. They can sort of muse about things -- it's the greatest."
"Yeah, they can be kind of, you know, d--ks once in a while," she admitted, which prompted the morning show to bleep her.
"We don't usually put a 7-second delay on when Gwyneth comes on," Guthrie said. "I don't know if we're allowed to say that!"
"Sorry about that," Paltrow joked in reply. "Sorry! Sorry America!"
The Goop founder -- who appeared on "Today" to promote her new show, "The Politician," which is produced by her husband Brad Falchuck -- also weighed in on going viral for her unique entrance during the Emmys last Sunday.
Paltrow had Twitter going crazy because of her unusual arrival when she appeared on stage to present the award for Outstanding Lead Actress in a Drama Series. According to Guthrie, viewers said Paltrow looked as if she was "shimmying." However, the "Iron Man" star, who was wearing a vintage Valentino gown, didn't think her walk was anything out of the ordinary.
"I think I looked pretty normal, too," Paltrow said. "I don't totally get it."
"Although there was no slit in the back of the dress," she explained of the 1963 couture gown. "So I didn't want to chop a slit in it."
Meanwhile, the "Shakespeare in Love" actress also tackled a serious topic and spoke about why she's "proud" she played a role in the investigation of Harvey Weinstein.
According to Paltrow, it was her teenage daughter who inspired her to come forward with her story about the disgraced Hollywood mogul.
"I was really scared," she said. "Society had shown us only basically examples where women coming forward ended up not being advantageous for the woman, but I really felt like it was time."
"I think also having a teenage daughter that's the love of my life and worrying about her going into the workplace and feeling like if there was ever a chance that there could be a cultural shift on this stuff, I wanted to participate in," she continued.
Paltrow concluded, "I never could have imagined that collectively a shift this seismic would happen, but I feel proud that I have a small part in it."