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Employee Benefit Plans
 6 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
Mattel and certain of its subsidiaries have qualified and nonqualified retirement plans covering substantially all employees of these companies, which are more fully described in Part II, Item 8 "Financial Statements and Supplementary Data—Note 4 to the Consolidated Financial Statements–Employee Benefit Plans" in the 2023 Annual Report on Form 10-K.
The components of Mattel's net periodic benefit cost for defined benefit pension plans were as follows:
 For the Three Months EndedFor the Six Months Ended
 June 30,
2024		June 30,
2023		June 30,
2024		June 30,
2023
 (In thousands)
Service cost$839 $858 $1,698 $1,701 
Interest cost5,030 5,237 10,083 10,435 
Expected return on plan assets(4,678)(5,097)(9,359)(10,177)
Amortization of prior service cost47 38 96 75 
Recognized actuarial loss1,943 1,467 3,886 2,932 
Net periodic benefit cost$3,181 $2,503 $6,404 $4,966 
The components of Mattel's net periodic benefit cost (credit) for postretirement benefit plans were as follows:
 For the Three Months EndedFor the Six Months Ended
June 30,
2024		June 30,
2023		June 30,
2024		June 30,
2023
 (In thousands)
Interest cost$45 $45 $90 $90 
Amortization of prior service credit(509)(509)(1,019)(1,018)
Recognized actuarial gain(48)(57)(95)(114)
Net periodic benefit credit$(512)$(521)$(1,024)$(1,042)
Mattel's service cost component is recorded within operating income (loss) while other components of net periodic pension cost and postretirement benefit cost are recorded within other non-operating expense (income), net.
During the six months ended June 30, 2024, Mattel made cash contributions totaling approximately $3 million related to its defined benefit pension and postretirement benefit plans. During the remainder of 2024, Mattel expects to make additional cash contributions of approximately $11 million.