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Derivative Instruments (Tables) | 12 Months Ended
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Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Assets and Liabilities | The following tables present Mattel's derivative assets and liabilities:
| Derivative Assets
| Balance Sheet Classification |  | Fair Value
|  |  | December 31, 2023 |  | December 31, 2022
|  |  | (In thousands)
Derivatives Designated as Hedging Instruments: |  |  |  |  |
Foreign currency forward exchange and other contracts | Prepaid expenses and other current assets |  | $ | 2,198 |  |  | $ | 14,899 |
Foreign currency forward exchange and other contracts | Other noncurrent assets |  | 52 |  |  | 1,501 |
Total Derivatives Designated as Hedging Instruments |  |  | $ | 2,250 |  |  | $ | 16,400 |
Derivatives Not Designated as Hedging Instruments: |  |  |  |  |
Foreign currency forward exchange and other contracts | Prepaid expenses and other current assets |  | $ | 578 |  |  | $ | 1,163 |
Total Derivatives Not Designated as Hedging Instruments |  |  | $ | 578 |  |  | $ | 1,163 |
|  |  | $ | 2,828 |  |  | $ | 17,563 |
| Derivative Liabilities
| Balance Sheet Classification |  | Fair Value
|  |  | December 31, 2023 |  | December 31, 2022
|  |  | (In thousands)
Derivatives Designated as Hedging Instruments: |  |  |  |  |
Foreign currency forward exchange and other contracts | Accrued liabilities |  | $ | 7,520 |  |  | $ | 3,647 |
Foreign currency forward exchange and other contracts | Other noncurrent liabilities |  | 1,575 |  |  | 807 |
Total Derivatives Designated as Hedging Instruments |  |  | $ | 9,095 |  |  | $ | 4,454 |
Derivatives Not Designated as Hedging Instruments: |  |  |  |  |
Foreign currency forward exchange and other contracts | Accrued liabilities |  | $ | 449 |  |  | $ | 6,261 |
Foreign currency forward exchange and other contracts | Other noncurrent liabilities |  | 20 |  |  | 39 |
Total Derivatives Not Designated as Hedging Instruments |  |  | $ | 469 |  |  | $ | 6,300 |
|  |  | $ | 9,564 |  |  | $ | 10,754 |
Schedule of Derivatives Designated as Hedging Instruments by Classification and Amount of Gains and Losses | The following tables present the classification and amount of gains and losses, net of tax, from derivatives reported in the consolidated statements of operations:
| Derivatives Designated As Hedging Instruments
| For the Year Ended |  | Statements of Operations Classification
| December 31, 2023 |  | December 31, 2022 |  | December 31, 2021 |
| (In thousands) |  |
Foreign currency forward exchange contracts: |  |  |  |  |  |  |
Amount of (losses) gains recognized in OCI | $ | (15,903) |  |  | $ | 40,449 |  |  | $ | 23,253 |  |  |
Amount of gains (losses) reclassified from accumulated OCI to the consolidated statements of operations | 10,292 |  |  | 26,513 |  |  | (912) |  |  | Cost of sales
Schedule of Derivatives Not Designated as Hedging Instruments by Classification and Amount of Gains and Losses |
| Derivatives Not Designated As Hedging Instruments
| For the Year Ended |  | Statements of Operations Classification
| December 31, 2023 |  | December 31, 2022 |  | December 31, 2021 |
| (In thousands) |  |
Amount of net gains (losses) recognized in the Statements of Operations: |  |  |  |  |  |  |
Foreign currency forward exchange and other contracts | $ | 19,939 |  |  | $ | (7,833) |  |  | $ | 2,872 |  |  | Other non-operating (income) expense, net
Foreign currency forward exchange and other contracts | — |  |  | — |  |  | 639 |  |  | Cost of sales
| $ | 19,939 |  |  | $ | (7,833) |  |  | $ | 3,511 |  |  |

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