XML 61 R35.htm IDEA: XBRL DOCUMENT v3.20.4

Derivative Instruments (Tables)

12 Months Ended

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)

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4CC
-URI http://asc.fasb.org/extlink&oid=121590274&loc=SL109998890-113959

+ Details

Name:	us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration