Me and my two boys were throwing the football around at our neighborhood park and noticed a sphere like object hovering stationary up in the air. I began looking at it really closely because it kind of resembled a weather balloon so i was waiting for it to float away BUT it never did. About 10 minutes later we noticed that it finally moved from it's location overhead towards the west or south west area. From there we continued throwing the football around and then noticed that it was no longer a spherical shape but looked more like a "balloon that has just popped". Just then a ball of light came out of the object (my son said that the ball of light circled the object once) and hovered next to it - finally the first object then itself became a ball of light similar to the one it let out. Now both objects resembled two distant start in the sky. They gradually got further and further away (heading west/south west) until we could no longer view them.