Stephen Colbert doesn't miss late night at all, says Stephen Colbert

This newfound freedom put Colbert in a giddy, almost Hobbit-like mood. After dodging a question about being congratulated by his former bosses at CBS for the Emmy wins (“I am not familiar with that organization—thank you for asking!”), Kimmel handed Colbert an electric shaver to cleave off his obligatory post-Late Night beard (his wife, Evie, apparently hated it). And to show how much of a good sport he is, and to show how generous a guest he can be now that his hosting days are behind him, Colbert announced to the audience that he had gifted Kimmel the Captain America shield Marvel Comics sent him during his Colbert Report tenure at Comedy Central. It was a passing of the torch to one of TV’s remaining late-night hosts, who thanked his guest by placing the shield in a place of honor on the Kimmel set. “I want to be able to see it when I’m doing the monologue every night, and so I’m going to put it right here for all time—or at least however much time we have left!”  

Colbert’s visit with Kimmel was a genial, spirited conversation, and you can watch it below.