Johnny Depp was a guest on Late Night with David Letterman Thursday and talked about his upcoming movie The Lone Ranger before taking the stage to perform with his friend Bill Carter and The Blame.

In his discussion with Letterman, Depp discussed moving to Los Angeles with his band, the Kids, years ago and then becoming an actor only because he needed to pay rent.

"You realize at some point you'll have to deal with the inevitable," the 49-year-old said.

After telling fellow actor and friend Nicholas Cage about his money problems at the time, Depp met up with Cage's agent and went on his first read, which happened to be for A Nightmare on Elm Street. The film turned out to be the big break of Depp and launched his career as an acclaimed actor.

Depp will star alongside Armie Hammer, Helen Bonham Carter and Tom Wilkinson in The Lone Ranger out summer 2013. The Kentucky native plays Tonto, a Native American spirit warrior, and did horseback riding in the film that he said at times "went very sideways." He then showed off his guitar skills by performing on Letterman with Bill Carter to the song Anything Made of Paper.

Depp's previous appearance on Letterman made headlines when the actor did a convincing impersonation of Al Pacino.

It is confirmed that Depp will star in the fifth installment of the Pirates of the Caribbean series, according to Daily Mail.