According to the Hollywood Reporter, this achievement has allowed Disney to surpass the previous record of 4 $1 billion movies a year. In addition, "Toy Story 4" has become the fourth animation film in Pixar Studios to break the $1 billion mark after "The Incredibles 2", "Finding Nemo 2" and "Toy Story 3".
Toy Story grossed $421.8 million in the United States and $579.9 million in other regions, reaching $1.002 billion from its premiere on June 21 to August 14.
Disney's $1 billion movies released this year also include "The Lion King," "Aladdin," "Avengers: Endgame," and "Captain Marvel." Later this year, there are two high-profile movies, Frozen 2 and Star Wars: The Rise of Skywalker, which are likely to exceed $1 billion at the box office.
Sony's Spider-Man: The Hero's Quest is the only $1 billion movie outside of Disney, but it also belongs to the Marvel Cinematic Universe.
Toy Story 4 is the 43rd film in history to gross $1 billion.