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Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Assets and Liabilities

The following tables present Mattel's derivative assets and liabilities:

			Derivative Assets
			Fair Value																		Balance Sheet Classification
			September 30, 2020						September 30, 2019						December 31, 2019
			(In thousands)
Derivatives designated as hedging instruments
Foreign currency forward exchange contracts and other			$	5,340					$	22,077					$	10,227					Prepaid expenses and other current assets
Foreign currency forward exchange contracts and other			896						4,942						715						Other noncurrent assets
Total derivatives designated as hedging instruments			$	6,236					$	27,019					$	10,942
Derivatives not designated as hedging instruments
Foreign currency forward exchange contracts and other			$	2,337					$	619					$	4,060					Prepaid expenses and other current assets
			$	8,573					$	27,638					$	15,002
			Derivative Liabilities
			Fair Value																		Balance Sheet Classification
			September 30, 2020						September 30, 2019						December 31, 2019
			(In thousands)
Derivatives designated as hedging instruments
Foreign currency forward exchange contracts and other			$	9,256					$	426					$	2,500					Accrued liabilities
Foreign currency forward exchange contracts and other			3,602						48						213						Other noncurrent liabilities
Total derivatives designated as hedging instruments			$	12,858					$	474					$	2,713
Derivatives not designated as hedging instruments
Foreign currency forward exchange contracts and other			$	984					$	2,736					$	263					Accrued liabilities
Foreign currency forward exchange contracts and other			99						—						—						Other noncurrent liabilities
Total derivatives not designated as hedging instruments			$	1,083					$	2,736					$	263
			$	13,941					$	3,210					$	2,976

Schedule of Derivatives Designated as Hedging Instruments by Classification and Amount of Gains and Losses

The following tables present the classification and amount of gains and losses, net of tax, from derivatives reported in the consolidated statements of operations:

			For the Three Months Ended
			September 30, 2020												September 30, 2019												Statements of Operations Classification
			Amount of (Loss) Recognized in OCI						Amount of Gain Reclassified from Accumulated OCI to Statement of Operations						Amount of Gain Recognized in OCI						Amount of Gain Reclassified from Accumulated OCI to Statement of Operations
			(In thousands)
Derivatives designated as hedging instruments
Foreign currency forward exchange contracts and other			$	(15,709)					$	7,069					$	12,996					$	6,394					Cost of sales

			For the Nine Months Ended
			September 30, 2020												September 30, 2019
			Amount of (Loss) Recognized in OCI						Amount of Gain Reclassified from Accumulated OCI to Statement of Operations						Amount of Gain Recognized in OCI						Amount of Gain Reclassified from Accumulated OCI to Statement of Operations						Statements of Operations Classification
			(In thousands)
Derivatives designated as hedging instruments
Foreign currency forward exchange contracts and other			$	(1,815)					$	13,978					$	22,068					$	9,645					Cost of sales

Schedule of Derivatives Not Designated as Hedging Instruments by Classification and Amount of Gains and Losses

Amount of Gain (Loss) Recognized in the Statements of Operations

Statements of Operations Classification

For the Three Months Ended

September 30, 2020

September 30, 2019

(In thousands)

Derivatives not designated as hedging instruments

Foreign currency forward exchange contracts and other

$

232

$

(9,965)

Other non-operating (income) expense, net

Amount of (Loss) Recognized in the Statements of Operations

Statements of Operations Classification

For the Nine Months Ended

September 30, 2020

September 30, 2019

(In thousands)

Derivatives not designated as hedging instruments

Foreign currency forward exchange contracts and other

$

(30,015)

$

(6,097)

Other non-operating (income) expense, net

X

- References

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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624181-113959

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-Name Accounting Standards Codification
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-Section 50
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Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959

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Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959

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-SubTopic 10
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