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Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Assets and Liabilities, Lessee

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 liabilities			77,254						75,297
Noncurrent lease liabilities			259,548						271,418
Total lease liabilities			$	336,802					$	346,715
Weighted-average remaining lease term			5.7 years						5.6 years
Weighted-average discount rate			6.5		%				6.5		%

Schedule of Lease Components and Supplemental Information

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 liabilities			71,375						74,199						105,898

Schedule of Future Maturities of Lease Liabilities

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
2025						84,210
2026						69,664
2027						39,407
2028						27,534
Thereafter						100,103
						414,090
Less: imputed interest						(77,288)
						$	336,802

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Assets And Liabilities, Lessee [Table Text Block]

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

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