For Disney, he played Prince Hapi in Around the World in 80 Days (as this was his final film before he took a hiatus from acting). He was also spoofed by Genie in Aladdin, and his role as the Terminator was spoofed by Genie again in the TV series. Additionally, Arnold Mousenegger from the Chip 'n Dale Rescue Rangers series was named after and based on him. In Homeward Bound, during the scene where Chance and Shadow are being pursued by a hungry mountain lion, Chance refers to the feline predator as "Arnold Schwarzekitty". In Beverly Hills Chihuahua, during the scene where after Monte and his tribe of Chihuahuas save Chloe and Delgado from three mountain lions, he quotes, "Come with us if you want to live," a reference to one of Schwarzenegger's titular character's famous lines: "Come with me if you want to live," from Terminator 2. He was also mentioned in Alexander and the Terrible, Horrible, No Good, Very Bad Day, as well as the K.C. Undercover episode "Out of the Water and Into the Fire".
- He was considered for the role of Obi-Wan Kenobi in Star Wars: The Phantom Menace.
- He was originally considered for the role of Ego in Guardians of the Galaxy Vol. 2, but in the end, Kurt Russell was cast instead.
- His personal catchphrase is: "I'll be back!", or some variation of it. He first said this phrase as the titular character in the first Terminator movie, and since then, most of his characters say the phrase or a variation of it.