- One of Two Animated films to be on the American Film Institute's list of 100 Greatest American films of all time (1997)
- When updated in 2007, it was the only traditionally animated film on the list
- In 2008, they named the film "the greatest animated film of all time."
- Added to the United States National Film Registry in 1989
- The first American film to release a soundtrack at the same time as the feature film
- The highest-grossing film in American cinema history until 1939
- Adjusted for inflation, still ranks as one of the top ten American film moneymakers of all time
- The first full-length animated feature film to be made in Technicolor
- Won an honorary Academy Award "as a significant screen innovation which has charmed millions and pioneered a great new entertainment field."
- Disney recieved a full-sized Oscar statuette and seven miniature ones, presented by Shirley Temple
- Nominated for Best Musical Score
- The first film to be entirely scanned to digital files, manipulated, and recored back to film (1993)
- The first video in the Walt Disney Masterpiece Collection, the first in the Platinum Series, and now the first in the Diamond Collection