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Derivative Instruments (Tables) | 12 Months Ended
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Dec. 31, 2021
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, 2021 |  | December 31, 2020
|  |  | (In thousands)
Derivatives designated as hedging instruments: |  |  |  |  |
Foreign currency forward exchange contracts and other | Prepaid expenses and other current assets |  | $ | 13,361 |  |  | $ | 3,641 |
Foreign currency forward exchange contracts and other | Other noncurrent assets |  | 1,000 |  |  | 50 |
Total derivatives designated as hedging instruments |  |  | $ | 14,361 |  |  | $ | 3,691 |
Derivatives not designated as hedging instruments: |  |  |  |  |
Foreign currency forward exchange contracts and other | Prepaid expenses and other current assets |  | $ | 3,714 |  |  | $ | 1,982 |
Foreign currency forward exchange contracts and other | Other noncurrent assets |  | — |  |  | 38 |
Total derivatives not designated as hedging instruments |  |  | $ | 3,714 |  |  | $ | 2,020 |
|  |  | $ | 18,075 |  |  | $ | 5,711 |
| Derivative Liabilities
| Balance Sheet Classification |  | Fair Value
|  |  | December 31, 2021 |  | December 31, 2020
|  |  | (In thousands)
Derivatives designated as hedging instruments: |  |  |  |  |
Foreign currency forward exchange contracts and other | Accrued liabilities |  | $ | 2,301 |  |  | $ | 20,330 |
Foreign currency forward exchange contracts and other | Other noncurrent liabilities |  | 280 |  |  | 4,361 |
Total derivatives designated as hedging instruments |  |  | $ | 2,581 |  |  | $ | 24,691 |
Derivatives not designated as hedging instruments: |  |  |  |  |
Foreign currency forward exchange contracts and other | Accrued liabilities |  | $ | 1,229 |  |  | $ | 803 |
|  |  | $ | 3,810 |  |  | $ | 25,494 |
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, 2021 |  | December 31, 2020 |  | December 31, 2019 |
| (In thousands) |  |
Foreign currency forward exchange contracts: |  |  |  |  |  |  |
Amount of gains (losses) recognized in OCI | $ | 23,253 |  |  | $ | (18,289) |  |  | $ | 14,495 |  |  |
Amount of (losses) gains reclassified from accumulated OCI to the consolidated statements of operations | (912) |  |  | 8,121 |  |  | 14,865 |  |  | Cost of sales
The net (losses) gains reclassified from accumulated other comprehensive loss to the consolidated statements of operations during 2021, 2020, and 2019, respectively, were offset by changes in cash flows associated with the underlying hedged transactions.
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, 2021 |  | December 31, 2020 |  | December 31, 2019 |
| (In thousands) |  |
Amount of net gains (losses) recognized in the Statements of Operations: |  |  |  |  |  |  |
Foreign currency forward exchange contracts and other | $ | 2,872 |  |  | $ | (26,553) |  |  | $ | 2,530 |  |  | Other non-operating expense, net
Foreign currency forward exchange contracts and other | 639 |  |  | 495 |  |  | — |  |  | Cost of sales
| $ | 3,511 |  |  | $ | (26,058) |  |  | $ | 2,530 |  |  |

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