Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities

Mattel's financial assets and liabilities include the following:

	September 30, 2020
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets
Foreign currency forward exchange contracts and other (a)	$	—	$	8,573	$	—	$	8,573
Available-for-sale security (b)	3,823		—		—		3,823
Total assets	$	3,823	$	8,573	$	—	$	12,396
Liabilities
Foreign currency forward exchange contracts and other (a)	$	—	$	13,941	$	—	$	13,941
	September 30, 2019
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets
Foreign currency forward exchange contracts and other (a)	$	—	$	27,638	$	—	$	27,638
Available-for-sale security (b)	3,284		—		—		3,284
Total assets	$	3,284	$	27,638	$	—	$	30,922
Liabilities
Foreign currency forward exchange contracts and other (a)	$	—	$	3,210	$	—	$	3,210
	December 31, 2019
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets
Foreign currency forward exchange contracts and other (a)	$	—	$	15,002	$	—	$	15,002
Available-for-sale security (b)	3,530		—		—		3,530
Total assets	$	3,530	$	15,002	$	—	$	18,532
Liabilities
Foreign currency forward exchange contracts and other (a)	$	—	$	2,976	$	—	$	2,976

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(a)The fair value of the foreign currency forward exchange contracts and other commodity derivative instruments is based on dealer quotes of market forward rates and reflects the amount that Mattel would receive or pay at their maturity dates for contracts involving the same notional amounts, currencies, and maturity dates.

(b)The fair value of the available-for-sale security is based on the quoted price on an active public exchange.