XML 21 R11.htm IDEA: XBRL DOCUMENT v3.20.2
Property, Plant, and Equipment
 9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment Property, Plant, and Equipment
Property, plant, and equipment, net includes the following: 
September 30,
2020		September 30,
2019		December 31,
2019
 (In thousands)
Land$24,906 $25,086 $25,112 
Buildings297,067 299,489 302,956 
Machinery and equipment750,118 866,002 812,509 
Software374,596 413,903 364,391 
Tools, dies, and molds608,301 801,064 747,706 
Leasehold improvements172,095 211,455 183,250 
2,227,083 2,616,999 2,435,924 
Less: accumulated depreciation(1,729,646)(2,044,730)(1,885,785)
$497,437 $572,269 $550,139 
During the three months ended December 31, 2019, in conjunction with the Capital Light program, as further discussed in "Note 19 to the Consolidated Financial Statements—Restructuring Charges," Mattel discontinued production at one of its plants based in Mexico and has committed to a plan to dispose of the land and building. These assets meet the held for sale criteria and are actively being marketed for sale. The estimated fair value of the land and building, less costs to dispose, was determined to exceed its net book value of $8.4 million and $12.1 million as of September 30, 2020 and December 31, 2019, respectively, and are included within property, plant and equipment, net in the consolidated balance sheets.