Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The following tables present changes in the accumulated balances for each component of other comprehensive income (loss), including other comprehensive income (loss) and reclassifications out of accumulated other comprehensive income (loss) for each period:


	For the Three Months Ended March 31, 2021
	Derivative Instruments		Available-for-Sale Security		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Loss, Net of Tax, as of December 31, 2020	$	(15,369)	$	(7,522)	$	(186,854)	$	(734,831)	$	(944,576)
Other comprehensive income (loss) before reclassifications	4,057		1,964		(67)		(28,133)		(22,179)
Amounts reclassified from accumulated other comprehensive loss	3,314		—		2,415		—		5,729
Net increase (decrease) in other comprehensive income (loss)	7,371		1,964		2,348		(28,133)		(16,450)
Accumulated Other Comprehensive Loss, Net of Tax, as of March 31, 2021	$	(7,998)	$	(5,558)	$	(184,506)	$	(762,964)	$	(961,026)


	For the Three Months Ended March 31, 2020
	Derivative Instruments		Available-for-Sale Security		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2019	$	11,041	$	(8,260)	$	(169,857)	$	(702,408)	$	(869,484)
Other comprehensive income (loss) before reclassifications	9,190		195		1,702		(145,634)		(134,547)
Amounts reclassified from accumulated other comprehensive loss	(3,210)		—		1,358		—		(1,852)
Net increase (decrease) in other comprehensive income (loss)	5,980		195		3,060		(145,634)		(136,399)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of March 31, 2020	$	17,021	$	(8,065)	$	(166,797)	$	(848,042)	$	(1,005,883)

Schedule of Consolidated Statement of Operations Line Items Affected by Reclassifications from Accumulated Other Comprehensive Income (Loss)

The following table presents the classification and amount of the reclassifications from accumulated other comprehensive income (loss) to the consolidated statements of operations:


	For the Three Months Ended
	March 31, 2021		March 31, 2020		Statements of Operations Classification
	(In thousands)
Derivative Instruments
(Loss) gain on foreign currency forward exchange and other contracts	$	(3,206)	$	3,193	Cost of sales
Tax effect of net (loss) gain	(108)		17		Provision for income taxes
	$	(3,314)	$	3,210	Net loss
Employee Benefit Plans
Amortization of prior service credit (a)	$	398	$	466	Other non-operating income/expense, net
Recognized actuarial loss (a)	(2,783)		(2,340)		Other non-operating income/expense, net
	(2,385)		(1,874)
Tax effect of net (loss) gain	(30)		516		Provision for income taxes
	$	(2,415)	$	(1,358)	Net loss

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(a)The amortization of prior service credit and recognized actuarial loss are included in the computation of net periodic benefit cost. Refer to "Note 16 to the Consolidated Financial Statements—Employee Benefit Plans" of this Quarterly Report on Form 10-Q for additional information regarding Mattel's net periodic benefit cost.