By Nicole Sperling
Updated August 27, 2010 at 06:45 PM EDT

Go Woody and Buzz! Who would have thought that the third iteration of a 15-year old franchise would be crossing the $1 billion mark today? Such is the case with the brilliant Toy Story 3, which has grossed $404.9 million stateside and $592.9 million internationally. The animated hit has already become Pixar Animation’s highest-grossing film ever. Now, the movie joins Alice in Wonderland as the second $1 billion film this year from Walt Disney Studios, making it the first studio to ever land two $1 billion films in one year.

“These box office triumphs prove that creative storytelling brought to life by imaginative, inspired, and talented professionals is something audiences respond to the world over,” says Rich Ross, chairman, Walt Disney Studios. Both films were released in 3-D and are the two highest-grossing movies of 2010, with Toy Story in the top spot.