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Goodwill and Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, Net | Goodwill and Intangible Assets, Net Goodwill Mattel's reporting units are at the same level as its operating segments. The change in the carrying amount of goodwill by reporting unit for 2023 and 2022 is shown below. Brand-specific goodwill held by foreign subsidiaries is allocated to the North America reporting unit selling those brands, thereby causing a foreign currency translation impact.
| December 31, 2021 |  | Currency Exchange Rate Impact |  | December 31, 2022 |  | Currency Exchange Rate Impact |  | December 31, 2023
| (In thousands)
North America | $ | 731,789 |  |  | $ | 204 |  |  | $ | 731,993 |  |  | $ | 1,494 |  |  | $ | 733,487 |
International | 450,847 |  |  | (11,860) |  |  | 438,987 |  |  | 4,467 |  |  | 443,454 |
American Girl | 207,571 |  |  | — |  |  | 207,571 |  |  | — |  |  | 207,571 |
| $ | 1,390,207 |  |  | $ | (11,656) |  |  | $ | 1,378,551 |  |  | $ | 5,961 |  |  | $ | 1,384,512 |
In the third quarter of 2023, Mattel performed its annual impairment test and determined each reporting unit's fair value exceeded its carrying amount and that goodwill was not impaired. There were no events or changes in circumstances subsequent to the third quarter assessment that indicate that the carrying amount of a reporting unit may exceed its fair value as of December 31, 2023. Intangible Assets, Net Identifiable intangibles were $393.0 million, net of accumulated amortization of $408.5 million, and $425.1 million, net of accumulated amortization of $364.9 million, as of December 31, 2023 and 2022, respectively. The estimated future amortization expense for the next five years is as follows:
| Amortization Expense
| (In thousands)
2024 | $ | 31,110 |
2025 | 30,843 |
2026 | 30,816 |
2027 | 30,337 |
2028 | 28,750 |
Mattel tests its amortizable intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Mattel's amortizable intangible assets primarily consist of trademarks and trade names. During 2023 and 2022, Mattel's amortizable intangible assets were not impaired. During 2021, Mattel discontinued the use of an intangible asset, which resulted in an asset impairment charge of $2.0 million.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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