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Employee Benefit Plans
3 Months Ended
Mar. 31, 2023
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
Mattel and certain of its subsidiaries have qualified and nonqualified retirement plans covering substantially all employees of these companies, which are more fully described in Part II, Item 8 "Financial Statements and Supplementary Data—Note 4 to the Consolidated Financial Statements–Employee Benefit Plans" in the 2022 Annual Report on Form 10-K.
The components of net periodic benefit cost for Mattel's defined benefit pension plans were as follows:
 For the Three Months Ended
 March 31,
2023
March 31,
2022
 (In thousands)
Service cost$843 $1,047 
Interest cost5,198 3,077 
Expected return on plan assets(5,080)(4,878)
Amortization of prior service cost37 40 
Recognized actuarial loss1,465 2,247 
$2,463 $1,533 
The components of net periodic benefit cost for Mattel's postretirement benefit plans were as follows:
 For the Three Months Ended
 March 31,
2023
March 31,
2022
 (In thousands)
Interest cost$45 $22 
Amortization of prior service credit(509)(509)
Recognized actuarial gain(57)(25)
$(521)$(512)
Mattel's service cost component is recorded within operating (loss) income while other components of net periodic pension cost and postretirement benefit cost are recorded within other non-operating (income) expense, net.
During the three months ended March 31, 2023, Mattel made cash contributions totaling approximately $1 million related to its defined benefit pension and postretirement benefit plans. During the remainder of 2023, Mattel expects to make additional cash contributions of approximately $5 million.