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Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
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Jun. 30, 2023
Equity [Abstract] |
Schedule of Changes in Accumulated Other Comprehensive (Loss) Income | The following tables present changes in the accumulated balances for each component of other comprehensive (loss) income, including current period other comprehensive (loss) income and reclassifications from accumulated other comprehensive income (loss):
| For the Three Months Ended June 30, 2023
| 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 March 31, 2023 | $ | 17,065 |  |  | $ | — |  |  | $ | (137,771) |  |  | $ | (767,612) |  |  | $ | (888,318) |
Other comprehensive (loss) income before reclassifications | (7,479) |  |  | — |  |  | 8 |  |  | 2,181 |  |  | (5,290) |
Amounts reclassified from accumulated other comprehensive income (loss) | (4,365) |  |  | — |  |  | 721 |  |  | — |  |  | (3,644) |
Net (decrease) increase in other comprehensive income | (11,844) |  |  | — |  |  | 729 |  |  | 2,181 |  |  | (8,934) |
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2023 | $ | 5,221 |  |  | $ | — |  |  | $ | (137,042) |  |  | $ | (765,431) |  |  | $ | (897,252) |
| For the Six Months Ended June 30, 2023
| 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, 2022 | $ | 22,732 |  |  | $ | — |  |  | $ | (138,498) |  |  | $ | (795,712) |  |  | $ | (911,478) |
Other comprehensive (loss) income before reclassifications | (9,251) |  |  | — |  |  | 15 |  |  | 30,281 |  |  | 21,045 |
Amounts reclassified from accumulated other comprehensive income (loss) | (8,260) |  |  | — |  |  | 1,441 |  |  | — |  |  | (6,819) |
Net (decrease) increase in other comprehensive income | (17,511) |  |  | — |  |  | 1,456 |  |  | 30,281 |  |  | 14,226 |
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2023 | $ | 5,221 |  |  | $ | — |  |  | $ | (137,042) |  |  | $ | (765,431) |  |  | $ | (897,252) |
| For the Three Months Ended June 30, 2022
| 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 March 31, 2022 | $ | 14,903 |  |  | $ | — |  |  | $ | (152,712) |  |  | $ | (788,600) |  |  | $ | (926,409) |
Other comprehensive income (loss) before reclassifications | 26,425 |  |  | — |  |  | 217 |  |  | (6,490) |  |  | 20,152 |
Amounts reclassified from accumulated other comprehensive income (loss) | (7,998) |  |  | — |  |  | 1,107 |  |  | — |  |  | (6,891) |
Net increase (decrease) in other comprehensive income | 18,427 |  |  | — |  |  | 1,324 |  |  | (6,490) |  |  | 13,261 |
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2022 | $ | 33,330 |  |  | $ | — |  |  | $ | (151,388) |  |  | $ | (795,090) |  |  | $ | (913,148) |
| For the Six Months Ended June 30, 2022
| 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, 2021 | $ | 8,796 |  |  | $ | (6,447) |  |  | $ | (154,099) |  |  | $ | (789,521) |  |  | $ | (941,271) |
Other comprehensive income (loss) before reclassifications | 33,889 |  |  | — |  |  | (98) |  |  | (5,569) |  |  | 28,222 |
Amounts reclassified from accumulated other comprehensive income (loss) | (9,355) |  |  | 3,646 |  |  | 2,809 |  |  | — |  |  | (2,900) |
Net increase (decrease) in other comprehensive income | 24,534 |  |  | 3,646 |  |  | 2,711 |  |  | (5,569) |  |  | 25,322 |
Adjustment of accumulated other comprehensive loss to retained earnings | — |  |  | 2,801 |  |  | — |  |  | — |  |  | 2,801 |
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2022 | $ | 33,330 |  |  | $ | — |  |  | $ | (151,388) |  |  | $ | (795,090) |  |  | $ | (913,148) |
Schedule of Consolidated Statement of Operations Line Items Affected by Reclassifications from Accumulated Other Comprehensive Income (Loss) | The following tables present the classification and amount of the reclassifications from accumulated other comprehensive income (loss) to the consolidated statements of operations:
| For the Three Months Ended |  |
| June 30, 2023 |  | June 30, 2022 |  | Statements of Operations Classification
| (In thousands) |  |
Derivative Instruments: |
Gain on foreign currency forward exchange and other contracts | $ | 4,320 |  |  | $ | 8,043 |  |  | Cost of sales
Tax effect | 45 |  |  | (45) |  |  | Provision (benefit) for income taxes
| $ | 4,365 |  |  | $ | 7,998 |  |  | Net Income (Loss)
Employee Benefit Plans: |  |  |  |  |
Amortization of prior service credit (a) | $ | 471 |  |  | $ | 436 |  |  | Other non-operating (income) expense, net
Recognized actuarial loss (a) | (1,410) |  |  | (2,319) |  |  | Other non-operating (income) expense, net
| (939) |  |  | (1,883) |  |  |
Tax effect | 218 |  |  | 776 |  |  | Provision (benefit) for income taxes
| $ | (721) |  |  | $ | (1,107) |  |  | Net Income (Loss)
(a)The amortization of prior service credit and recognized actuarial loss are included in the computation of net periodic benefit cost. Refer to "Note 15 to the Consolidated Financial Statements—Employee Benefit Plans" for additional information regarding Mattel's net periodic benefit cost.
| For the Six Months Ended |  |
| June 30, 2023 |  | June 30, 2022 |  | Statements of Operations Classification
| (In thousands) |  |
Derivative Instruments: |
Gain on foreign currency forward exchange and other contracts | $ | 7,924 |  |  | $ | 9,472 |  |  | Cost of sales
Tax effect | 336 |  |  | (117) |  |  | Provision (benefit) for income taxes
| $ | 8,260 |  |  | $ | 9,355 |  |  | Net Income (Loss)
Employee Benefit Plans: |  |  |  |  |
Amortization of prior service credit (a) | $ | 943 |  |  | $ | 905 |  |  | Other non-operating (income) expense, net
Recognized actuarial loss (a) | (2,818) |  |  | (4,541) |  |  | Other non-operating (income) expense, net
| (1,875) |  |  | (3,636) |  |  |
Tax effect | 434 |  |  | 827 |  |  | Provision (benefit) for income taxes
| $ | (1,441) |  |  | $ | (2,809) |  |  | Net Income (Loss)
(a)The amortization of prior service credit and recognized actuarial loss are included in the computation of net periodic benefit cost. Refer to "Note 15 to the Consolidated Financial Statements—Employee Benefit Plans" for additional information regarding Mattel's net periodic benefit cost.

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