Preheat the oven to 350°. Prepare a 12-inch, oven safe skillet with nonstick cooking spray.
In a large bowl or the pot used to cook the album macaroni, toss together in the butter and macaroni, allowing the butter to melt.
To the macaroni, add the salt and pepper, tossing to coat.
In a medium bowl or a measuring cup, whisk together the heavy cream and eggs. Add the mixture to the elbow macaroni and stir to combine.
Reserve one cup of cheddar cheese and American cheese to use for the topping. Add the remaining cheese to the macaroni and stir until evenly distributed.
Transfer macaroni to the prepared skillet. Top with the reserved cheese.
Bake for 35 to 45 minutes. Allow it to rest for 10 minutes prior to serving.