Employee Benefit Plans

9 Months Ended

Sep. 30, 2015

15.

Employee Benefit Plans

Mattel and certain of its subsidiaries have qualified and nonqualified retirement plans covering substantially all employees of these companies, which are more fully described in Part II, Item 8 “Financial Statements and Supplementary Data—Note 4 to the Consolidated Financial Statements–Employee Benefit Plans” in its 2014 Annual Report on Form 10-K.

A summary of the components of net periodic benefit cost for Mattel’s defined benefit pension plans is as follows:


	For the Three Months Ended						For the Nine Months Ended
	September 30, 2015			September 30, 2014			September 30, 2015			September 30, 2014
	(In thousands)
Service cost	$	624		$	2,120		$	4,988		$	7,432
Interest cost		7,036			6,747			19,568			20,666
Expected return on plan assets		(7,356	)		(7,826	)		(22,629	)		(23,849	)
Amortization of prior service cost (credit)		6			(264	)		(522	)		(792	)
Recognized actuarial loss		3,138			3,600			12,919			10,776
Curtailment gain		—			—			(8,639	)		—
Settlement loss		5,233			—			5,233			—

	$	8,681		$	4,377		$	10,918		$	14,233


A summary of the components of net periodic benefit cost for Mattel’s postretirement benefit plans is as follows:

	For the Three Months Ended						For the Nine Months Ended
	September 30, 2015			September 30, 2014			September 30, 2015			September 30, 2014
	(In thousands)
Service (credit) cost	$	(1	)	$	11		$	41		$	51
Interest cost		270			129			896			1,033
Recognized actuarial loss (gain)		34			(138	)		111			12

	$	303		$	2		$	1,048		$	1,096

During the nine months ended September 30, 2015, Mattel made cash contributions totaling approximately $31 million and $2 million related to its defined benefit pension and postretirement benefit plans, respectively. During the remainder of 2015, Mattel expects to make additional cash contributions of approximately $5 million.