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Derivative Instruments (Tables) | 12 Months Ended
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Dec. 31, 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
| Balance Sheet Classification |  | Fair Value
|  |  | December 31, 2020 |  | December 31, 2019
|  |  | (In thousands)
Derivatives designated as hedging instruments: |  |  |  |  |
Foreign currency forward exchange contracts and other | Prepaid expenses and other current assets |  | $ | 3,641 |  |  | $ | 10,227 |
Foreign currency forward exchange contracts and other | Other noncurrent assets |  | 50 |  |  | 715 |
Total derivatives designated as hedging instruments |  |  | $ | 3,691 |  |  | $ | 10,942 |
Derivatives not designated as hedging instruments: |  |  |  |  |
Foreign currency forward exchange contracts and other | Prepaid expenses and other current assets |  | $ | 1,982 |  |  | $ | 4,060 |
Foreign currency forward exchange contracts and other | Other noncurrent assets |  | 38 |  |  | — |
Total derivatives not designated as hedging instruments |  |  | $ | 2,020 |  |  | $ | 4,060 |
|  |  | $ | 5,711 |  |  | $ | 15,002 |
| Derivative Liabilities
| Balance Sheet Classification |  | Fair Value
|  |  | December 31, 2020 |  | December 31, 2019
|  |  | (In thousands)
Derivatives designated as hedging instruments: |  |  |  |  |
Foreign currency forward exchange contracts and other | Accrued liabilities |  | $ | 20,330 |  |  | $ | 2,500 |
Foreign currency forward exchange contracts and other | Other noncurrent liabilities |  | 4,361 |  |  | 213 |
Total derivatives designated as hedging instruments |  |  | $ | 24,691 |  |  | $ | 2,713 |
Derivatives not designated as hedging instruments: |  |  |  |  |
Foreign currency forward exchange contracts and other | Accrued liabilities |  | $ | 803 |  |  | $ | 263 |
|  |  | $ | 25,494 |  |  | $ | 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:
| Derivatives Designated As Hedging Instruments |  | Consolidated Statements of Operations Classification
| For the Year Ended |
| December 31, 2020 |  | December 31, 2019 |  | December 31, 2018 |
| (In thousands) |  |
Foreign currency forward exchange contracts: |  |  |  |  |  |  |
Amount of (losses) gains recognized in OCI | $ | (14,037) |  |  | $ | 17,024 |  |  | $ | 24,082 |  |  |
Amount of gains (losses) reclassified from accumulated OCI to the consolidated statements of operations | 12,373 |  |  | 17,394 |  |  | (8,427) |  |  | Cost of sales
Schedule of Derivatives Not Designated as Hedging Instruments by Classification and Amount of Gains and Losses |
| Derivatives Not Designated As Hedging Instruments |  | Consolidated Statements of Operations Classification
| For the Year Ended |
| December 31, 2020 |  | December 31, 2019 |  | December 31, 2018 |
| (In thousands) |  |
Amount of (loss) gain recognized in the consolidated statements of operations: |  |  |  |  |  |  |
Foreign currency forward exchange contracts | $ | (26,553) |  |  | $ | 2,530 |  |  | $ | (23,109) |  |  | Other non-operating expense, net
Foreign currency forward exchange contracts | 495 |  |  | — |  |  | (244) |  |  | Cost of sales
| $ | (26,058) |  |  | $ | 2,530 |  |  | $ | (23,353) |  |  |

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