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Property, Plant, and Equipment
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment Property, Plant, and Equipment
Property, plant, and equipment, net includes the following: 
March 31,
2021
March 31,
2020
December 31,
2020
 (In thousands)
Land$22,029 $24,856 $24,913 
Buildings312,114 297,910 335,407 
Machinery and equipment764,276 769,761 772,349 
Software345,477 367,143 344,268 
Tools, dies, and molds603,817 719,615 607,915 
Leasehold improvements119,828 179,872 131,578 
2,167,541 2,359,157 2,216,430 
Less: accumulated depreciation(1,716,540)(1,839,380)(1,742,636)
$451,001 $519,777 $473,794 
During the three months ended March 31, 2021, Mattel completed the sale of a manufacturing plant based in Mexico, which included land and buildings, resulting in a pre-tax gain of $15.8 million. The assets sold were previously designated as held for sale, and included within property, plant, and equipment, net in the consolidated balance sheets as of December 31, 2020 and March 31, 2020.