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Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 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, including current period other comprehensive loss and reclassifications from accumulated other comprehensive income (loss):

			For the Three Months Ended September 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 June 30, 2023			$	5,221					$	—					$	(137,042)					$	(765,431)					$	(897,252)
Other comprehensive income (loss) before reclassifications			7,521						—						5						(39,273)						(31,747)
Amounts reclassified from accumulated other comprehensive income (loss)			(5,801)						—						659						—						(5,142)
Net increase (decrease) in other comprehensive income			1,720						—						664						(39,273)						(36,889)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of September 30, 2023			$	6,941					$	—					$	(136,378)					$	(804,704)					$	(934,141)

			For the Nine Months Ended September 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			(1,729)						—						20						(8,992)						(10,701)
Amounts reclassified from accumulated other comprehensive income (loss)			(14,062)						—						2,100						—						(11,962)
Net (decrease) increase in other comprehensive income			(15,791)						—						2,120						(8,992)						(22,663)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of September 30, 2023			$	6,941					$	—					$	(136,378)					$	(804,704)					$	(934,141)

			For the Three Months Ended September 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 June 30, 2022			$	33,330					$	—					$	(151,388)					$	(795,090)					$	(913,148)
Other comprehensive income (loss) before reclassifications			24,715						—						63						(72,643)						(47,865)
Amounts reclassified from accumulated other comprehensive income (loss)			(11,312)						—						1,291						—						(10,021)
Net increase (decrease) in other comprehensive income			13,403						—						1,354						(72,643)						(57,886)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of September 30, 2022			$	46,733					$	—					$	(150,034)					$	(867,733)					$	(971,034)

			For the Nine Months Ended September 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			58,604						—						(35)						(78,212)						(19,643)
Amounts reclassified from accumulated other comprehensive income (loss)			(20,667)						3,646						4,100						—						(12,921)
Net increase (decrease) in other comprehensive income			37,937						3,646						4,065						(78,212)						(32,564)
Adjustment of accumulated other comprehensive loss to retained earnings			—						2,801						—						—						2,801
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of September 30, 2022			$	46,733					$	—					$	(150,034)					$	(867,733)					$	(971,034)

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
			September 30, 2023						September 30, 2022						Statements of Operations Classification
			(In thousands)
Derivative Instruments:
Gain on foreign currency forward exchange and other contracts			$	5,784					$	11,292					Cost of sales
Tax effect			17						20						Provision for income taxes
			$	5,801					$	11,312					Net income
Employee Benefit Plans:
Amortization of prior service credit (a)			$	472					$	504					Other non-operating (income) expense, net
Recognized actuarial loss (a)			(1,410)						(2,108)						Other non-operating (income) expense, net
			(938)						(1,604)
Tax effect			279						313						Provision for income taxes
			$	(659)					$	(1,291)					Net income

(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 Nine Months Ended
			September 30, 2023						September 30, 2022						Statements of Operations Classification
			(In thousands)
Derivative Instruments:
Gain on foreign currency forward exchange and other contracts			$	13,709					$	20,764					Cost of sales
Tax effect			353						(97)						Provision for income taxes
			$	14,062					$	20,667					Net income
Employee Benefit Plans:
Amortization of prior service credit (a)			$	1,416					$	1,409					Other non-operating (income) expense, net
Recognized actuarial loss (a)			(4,229)						(6,649)						Other non-operating (income) expense, net
			(2,813)						(5,240)
Tax effect			713						1,140						Provision for income taxes
			$	(2,100)					$	(4,100)					Net income

(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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