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Leases
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Leases Leases
The following table summarizes Mattel's right-of-use assets and liabilities and other information about its leases:
December 31,
2023		December 31,
2022
 (In thousands, except years and percentage information)
Right-of-use assets, net$313,191 $318,680 
Accrued liabilities77,254 75,297 
Noncurrent lease liabilities259,548 271,418 
Total lease liabilities$336,802 $346,715 
Weighted-average remaining lease term5.7 years5.6 years
Weighted-average discount rate6.5 %6.5 %
Lease costs for the years ended December 31, 2023, 2022, and 2021 were as follows:
For the Year Ended
December 31,
2023		December 31,
2022		December 31,
2021
 (In thousands)
Lease costs (a) (b)$127,850 $140,188 $134,272 
(a)    Includes short-term and variable lease costs of approximately $36 million, $47 million, and $39 million for 2023, 2022, and 2021 respectively. Variable lease costs primarily relate to variable components of third-party logistics rental charges, common area maintenance charges, management fees, and taxes.
(b) Contingent rental expense is recorded in the period in which the contingent event becomes probable. During 2023, 2022, and 2021, contingent rental expense was not material.
Supplemental information related to leases were as follows:
For the Year Ended
December 31,
2023		December 31,
2022		December 31,
2021
 (In thousands)
Cash payments for leases$98,453 $93,465 $100,286 
Right-of-use assets obtained in exchange for new and modified lease liabilities71,375 74,199 105,898 
The following table shows the future maturities of lease liabilities for leases in effect as of December 31, 2023:
Years Ending December 31,Lease Liabilities
(In thousands)
2024$93,172 
202584,210 
202669,664 
202739,407 
202827,534 
Thereafter100,103 
414,090 
Less: imputed interest(77,288)
$336,802 
Mattel has entered into noncancelable lease agreements for premises and equipment to be used in the normal course of business which had not yet commenced as of December 31, 2023. The future minimum obligations related to these agreements is approximately $34.7 million.