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Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

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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Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

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- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

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