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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Schedule of Revenues from Segment to Consolidated | The following tables present information regarding Mattel's net sales, operating income, and assets by reportable segment. The corporate and other expense category includes operating costs not allocated to individual segments, including charges related to incentive and share-based compensation, corporate headquarters functions managed on a worldwide basis, the impact of changes in foreign currency exchange rates on intercompany transactions, and certain severance and other restructuring costs. It is impracticable for Mattel to present net sales by categories, brands, or products, as trade discounts and other allowances are generally recorded in the financial accounting systems by customer.
| For the Three Months Ended |  | For the Nine Months Ended
| September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022
| (In thousands)
Net Sales by Segment |  |  |  |  |  |  |
North America | $ | 1,104,377 |  |  | $ | 1,002,126 |  |  | $ | 2,138,210 |  |  | $ | 2,330,747 |
International | 771,827 |  |  | 704,640 |  |  | 1,578,632 |  |  | 1,584,878 |
American Girl | 42,584 |  |  | 49,014 |  |  | 103,689 |  |  | 117,142 |
Net sales | $ | 1,918,788 |  |  | $ | 1,755,780 |  |  | $ | 3,820,531 |  |  | $ | 4,032,767 |
| For the Three Months Ended |  | For the Nine Months Ended
| September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022
| (In thousands)
Operating Income by Segment (a) |  |  |  |  |  |  |
North America | $ | 405,667 |  |  | $ | 337,305 |  |  | $ | 589,664 |  |  | $ | 707,605 |
International | 202,550 |  |  | 162,828 |  |  | 245,773 |  |  | 268,012 |
American Girl | (4,572) |  |  | (8,964) |  |  | (24,073) |  |  | (20,426) |
| 603,645 |  |  | 491,169 |  |  | 811,364 |  |  | 955,191 |
Corporate and other expense (b) | (129,787) |  |  | (99,797) |  |  | (389,768) |  |  | (358,672) |
Operating income | 473,858 |  |  | 391,372 |  |  | 421,596 |  |  | 596,519 |
Interest expense | 30,716 |  |  | 33,870 |  |  | 92,486 |  |  | 99,730 |
Interest (income) | (4,569) |  |  | (1,903) |  |  | (15,409) |  |  | (5,064) |
Other non-operating (income) expense, net | (2,391) |  |  | (4,293) |  |  | (5,976) |  |  | 11,966 |
Income before income taxes | $ | 450,102 |  |  | $ | 363,698 |  |  | $ | 350,495 |  |  | $ | 489,887 |
(a)Segment operating income included (i) severance and other restructuring charges of $(0.1) million and $(1.3) million for the three and nine months ended September 30, 2023, respectively, and $1.4 million and $9.8 million for the three and nine months ended September 30, 2022, respectively, which were allocated to the North America and International segments; and (ii) a loss on sale of assets of $1.8 million from the sale of a production facility for the three and nine months ended September 30, 2023, which was recorded in the International segment; and a gain on sale of assets of $15.2 million from the sale of the American Girl corporate office and distribution center for the nine months ended September 30, 2022, which was recorded in the American Girl segment. (b)Corporate and other expense included (i) severance and other restructuring charges of $29.3 million and $63.0 million for the three and nine months ended September 30, 2023 and $4.5 million and $17.1 million for the three and nine months ended September 30, 2022, respectively; and (ii) inclined sleeper product recall litigation expense of $1.3 million and $9.0 million for the three and nine months ended September 30, 2023, respectively; and $0.7 million and $1.2 million for the three months and nine months ended September 30, 2022, respectively.
Schedule of Segment Assets | Segment assets are comprised of accounts receivable, net and inventories.
| September 30, 2023 |  | September 30, 2022 |  | December 31, 2022
| (In thousands)
Assets by Segment |  |  |  |  |
North America | $ | 1,194,978 |  |  | $ | 1,233,835 |  |  | $ | 778,897 |
International | 1,024,549 |  |  | 961,097 |  |  | 756,830 |
American Girl | 75,272 |  |  | 85,705 |  |  | 58,833 |
| 2,294,799 |  |  | 2,280,637 |  |  | 1,594,560 |
Corporate and other | 66,769 |  |  | 184,666 |  |  | 159,725 |
Accounts receivable, net and inventories | $ | 2,361,568 |  |  | $ | 2,465,303 |  |  | $ | 1,754,285 |
Schedule of Revenues by Geographic Area | The following table presents information regarding Mattel's net sales by geographic area. Net sales are attributed to countries based on the location of the customer:
| For the Three Months Ended |  | For the Nine Months Ended
| September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022
| (In thousands)
Net Sales by Geographic Area |  |  |  |  |  |  |
North America | $ | 1,146,961 |  |  | $ | 1,051,140 |  |  | $ | 2,241,899 |  |  | $ | 2,447,889 |
International |  |  |  |  |  |  |
EMEA | 423,923 |  |  | 410,187 |  |  | 874,972 |  |  | 958,839 |
Latin America | 262,071 |  |  | 221,805 |  |  | 475,648 |  |  | 418,531 |
Asia Pacific | 85,833 |  |  | 72,648 |  |  | 228,012 |  |  | 207,508 |
Total International | 771,827 |  |  | 704,640 |  |  | 1,578,632 |  |  | 1,584,878 |
Net sales | $ | 1,918,788 |  |  | $ | 1,755,780 |  |  | $ | 3,820,531 |  |  | $ | 4,032,767 |

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