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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities
Mattel's financial assets and liabilities include the following:
 
September 30, 2019
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(In thousands)
Assets
 
 
 
 
 
 
 
Foreign currency forward exchange contracts (a)
$
—

 
$
27,638

 
$
—

 
$
27,638

Available-for-sale security (b)
3,284

 
—

 
—

 
3,284

Total assets
$
3,284

 
$
27,638

 
$
—

 
$
30,922

Liabilities

 

 

 

Foreign currency forward exchange contracts (a)
$
—

 
$
3,210

 
$
—

 
$
3,210

 
 
 
 
 
 
 
 
 
September 30, 2018
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(In thousands)
Assets
 
 
 
 
 
 
 
Foreign currency forward exchange contracts (a)
$
—

 
$
9,776

 
$
—

 
$
9,776

Available-for-sale security (b)
6,657

 
—

 
—

 
6,657

Total assets
$
6,657

 
$
9,776

 
$
—

 
$
16,433

Liabilities

 

 

 

Foreign currency forward exchange contracts (a)
$
—

 
$
9,792

 
$
—

 
$
9,792

 
 
 
 
 
 
 
 
 
December 31, 2018
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(In thousands)
Assets
 
 
 
 
 
 
 
Foreign currency forward exchange contracts (a)
$
—

 
$
16,092

 
$
—

 
$
16,092

Available-for-sale security (b)
5,243

 
—

 
—

 
5,243

Total assets
$
5,243

 
$
16,092

 
$
—

 
$
21,335

Liabilities

 

 

 

Foreign currency forward exchange contracts (a)
$
—

 
$
2,910

 
$
—

 
$
2,910

 ____________________________________________
(a)
The fair value of the foreign currency forward exchange contracts is based on dealer quotes of market forward rates and reflects the amount that Mattel would receive or pay at their maturity dates for contracts involving the same notional amounts, currencies, and maturity dates.
(b)
The fair value of the available-for-sale security is based on the quoted price on an active public exchange.