It's a NSPopUpButton.. Here is how I create it in my app.
NSToolbarItem* item = [[[NSToolbarItem alloc] initWithItemIdentifier:identifier] autorelease];
[item setLabel:label];
[item setPaletteLabel:label];
[item setToolTip:tooltip];
NSPopUpButton* button = [[[NSPopUpButton alloc] initWithFrame:NSMakeRect(0, 0, 200, 24) pullsDown:NO] autorelease];
NSMenu* menu = [button menu];
// insert code here, that adds NSMenuItems to the menu
[button setTarget:self];
[button setAction:@selector(menuAction:)];
[[button cell] setBezelStyle:NSTexturedRoundedBezelStyle];
[[button cell] setArrowPosition:NSPopUpArrowAtBottom];
[[button cell] setFont:[NSFont systemFontOfSize:14]];
[item setView:button];