Lol, I copied the wrong version. xD That IS the Disney version.
This is the traditional ending:
After long months of working for the farmer and supporting the ailing Geppetto he goes to town with what money he has saved (40 pennies to be exact) to buy himself a new suit. He meets the snail, who tells him that the Blue-haired Fairy is ill and needs money. Pinocchio instantly gives the snail all the money he has, promising that he will help his mother as much as he is helping his father. That night, he dreams he is visited by the Fairy, who kisses him. When he wakes up, he is a real boy at last. Furthermore, Pinocchio finds that the Fairy left him a new suit and boots, and a bag which Pinocchio thinks is the forty pennies he originally loaned to the Blue Fairy. The boy is shocked to find instead forty freshly minted gold coins. He is also reunited with Geppetto, now healthy and resuming woodcarving. They live happily ever after.
No water there … But I've seen pics of the Pinocchio episode and we do see the puppet being washed up on a shore there, so they're going with the Disney version.