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Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
Schedule of Retirement Plan Expense
A summary of retirement plan expense, net is as follows:
 For the Year Ended
 December 31,
2020		December 31,
2019		December 31,
2018
 (In thousands)
Defined benefit pension plans$9,670 $9,815 $12,366 
Defined contribution retirement plans26,697 32,743 35,318 
Postretirement benefit plans(1,972)(2,220)(2,148)
Deferred compensation and excess benefit plans6,391 10,994 (2,599)
$40,786 $51,332 $42,937 
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive (Loss) Income
A summary of the components of Mattel’s net periodic benefit cost (credit) and other changes in plan assets and benefit obligations recognized in other comprehensive loss for the years ended December 31 is as follows:
 Defined Benefit Pension PlansPostretirement Benefit Plans
 202020192018202020192018
 (In thousands)
Net periodic benefit cost (credit):
Service cost$4,348 $4,479 $4,223 $1 $1 $1 
Interest cost15,079 19,309 18,117 139 201 208 
Expected return on plan assets(19,694)(21,714)(22,508)— — — 
Amortization of prior service cost (credit)303 64 29 (2,038)(2,038)(2,037)
Recognized actuarial loss (gain)9,584 7,585 8,518 (74)(384)(320)
Settlement loss— — 3,248 — — — 
Curtailment loss50 92 739 — — — 
Net periodic benefit cost (credit)$9,670 $9,815 $12,366 $(1,972)$(2,220)$(2,148)
Other changes in plan assets and benefit obligations recognized in other comprehensive loss:
Net actuarial loss (gain)$12,624 $28,740 $(4,433)$850 $1,870 $(276)
Prior service cost 269 26 114 — — — 
Amortization of prior service (cost) credit(303)(64)(29)2,038 2,038 2,037 
Total recognized in other comprehensive loss (a)$12,590 $28,702 $(4,348)$2,888 $3,908 $1,761 
Total recognized in net periodic benefit cost (credit) and other comprehensive loss$22,260 $38,517 $8,018 $916 $1,688 $(387)
(a)Amounts exclude related tax expense (benefit) of $1.5 million, $(5.5) million, and $2.1 million, during 2020, 2019, and 2018, respectively, which are also included in other comprehensive loss.
Schedule of Components of Net Periodic Benefit Cost
A summary of the components of Mattel’s net periodic benefit cost (credit) and other changes in plan assets and benefit obligations recognized in other comprehensive loss for the years ended December 31 is as follows:
 Defined Benefit Pension PlansPostretirement Benefit Plans
 202020192018202020192018
 (In thousands)
Net periodic benefit cost (credit):
Service cost$4,348 $4,479 $4,223 $1 $1 $1 
Interest cost15,079 19,309 18,117 139 201 208 
Expected return on plan assets(19,694)(21,714)(22,508)— — — 
Amortization of prior service cost (credit)303 64 29 (2,038)(2,038)(2,037)
Recognized actuarial loss (gain)9,584 7,585 8,518 (74)(384)(320)
Settlement loss— — 3,248 — — — 
Curtailment loss50 92 739 — — — 
Net periodic benefit cost (credit)$9,670 $9,815 $12,366 $(1,972)$(2,220)$(2,148)
Other changes in plan assets and benefit obligations recognized in other comprehensive loss:
Net actuarial loss (gain)$12,624 $28,740 $(4,433)$850 $1,870 $(276)
Prior service cost 269 26 114 — — — 
Amortization of prior service (cost) credit(303)(64)(29)2,038 2,038 2,037 
Total recognized in other comprehensive loss (a)$12,590 $28,702 $(4,348)$2,888 $3,908 $1,761 
Total recognized in net periodic benefit cost (credit) and other comprehensive loss$22,260 $38,517 $8,018 $916 $1,688 $(387)
(a)Amounts exclude related tax expense (benefit) of $1.5 million, $(5.5) million, and $2.1 million, during 2020, 2019, and 2018, respectively, which are also included in other comprehensive loss.
Schedule of Assumptions Used to Calculate Net Periodic Benefit Cost for Domestic Defined Benefit Pension and Postretirement Benefit Plans
Net periodic benefit cost (credit) for Mattel’s domestic defined benefit pension and postretirement benefit plans was calculated on January 1 of each year using the following assumptions:
 For the Year Ended
 December 31,
2020		December 31,
2019		December 31,
2018
Defined benefit pension plans:
Discount rate3.0 %4.1 %3.4 %
Weighted-average rate of future compensation increasesN/AN/AN/A
Long-term rate of return on plan assets5.5 %6.0 %6.0 %
Postretirement benefit plans:
Discount rate3.0 %4.1 %3.4 %
Annual increase in Medicare Part B premium6.0 %6.0 %6.0 %
Health care cost trend rate:
Pre-657.0 %7.0 %7.3 %
Post-656.8 %6.8 %7.3 %
Ultimate cost trend rate:
Pre-654.5 %4.5 %4.5 %
Post-654.5 %4.5 %4.5 %
Year that the rate reaches the ultimate cost trend rate:
Pre-65202620252025
Post-65202620252025
Schedule of Changes in Benefit Obligation and Plan Assets for Defined Benefit Pension and Postretirement Benefit Plans A summary of the changes in benefit obligation and plan assets is as follows:
 Defined Benefit
Pension Plans		Postretirement
Benefit Plans
 December 31,
2020		December 31,
2019		December 31,
2020		December 31,
2019
 (In thousands)
Change in Benefit Obligation:
Benefit obligation, beginning of year$628,152 $567,502 $5,781 $6,201 
Service cost4,348 4,479 1 1 
Interest cost15,079 19,309 139 201 
Impact of currency exchange rate changes9,076 1,500 — — 
Actuarial loss45,907 72,353 773 1,486 
Benefits paid(33,447)(36,991)(448)(2,108)
Plan amendments2,066 — — — 
Benefit obligation, end of year$671,181 $628,152 $6,246 $5,781 
Change in Plan Assets:
Plan assets at fair value, beginning of year$431,747 $401,929 $— $— 
Actual return on plan assets44,104 60,721 — — 
Employer contributions10,937 3,670 448 2,108 
Impact of currency exchange rate changes4,769 2,418 — — 
Benefits paid(33,447)(36,991)(448)(2,108)
Settlements(230)— — — 
Plan assets at fair value, end of year$457,880 $431,747 $— $— 
Net Amount Recognized in Consolidated Balance Sheets:
Funded status, end of year$(213,301)$(196,405)$(6,246)$(5,781)
Current accrued benefit liability$(5,687)$(4,593)$(840)$(750)
Noncurrent accrued benefit liability, net(207,614)(191,812)(5,406)(5,031)
Net amount recognized$(213,301)$(196,405)$(6,246)$(5,781)
Amounts Recognized in Accumulated Other Comprehensive Loss (a):
Net actuarial loss (gain)$279,338 $266,714 $(351)$(1,201)
Prior service cost (credit)148 182 (10,148)(12,186)
$279,486 $266,896 $(10,499)$(13,387)
(a)Amounts exclude related tax benefits of $83.0 million and $84.5 million for December 31, 2020 and 2019, respectively, which are also included in accumulated other comprehensive loss.
Schedule of Accumulated and Projected Benefit Obligations
As of December 31, 2020 and 2019, information for pension plans that had aggregate accumulated benefit obligations and projected benefit obligations in excess of plan assets is as follows:
For the Year Ended
December 31,
2020		December 31,
2019
 (In thousands)
Projected benefit obligation$577,418 $545,367 
Accumulated benefit obligation$559,039 $525,661 
Fair value of plan assets$351,650 $334,604 
Schedule of Assumptions Used to Determine Projected and Accumulated Benefit Obligations of Domestic Defined Benefit Pension and Postretirement Benefit Plans
The assumptions used in determining the projected and accumulated benefit obligations of Mattel’s domestic defined benefit pension and postretirement benefit plans are as follows:
 December 31,
2020		December 31,
2019
Defined benefit pension plans:
Discount rate2.2 %3.0 %
Cash balance interest crediting rate4.0 %4.0 %
Weighted-average rate of future compensation increasesN/AN/A
Postretirement benefit plans:
Discount rate2.2 %3.0 %
Annual increase in Medicare Part B premium6.0 %6.0 %
Health care cost trend rate:
Pre-657.0 %7.0 %
Post-656.8 %6.8 %
Ultimate cost trend rate:
Pre-654.5 %4.5 %
Post-654.5 %4.5 %
Year that the rate reaches the ultimate cost trend rate:
Pre-6520272026
Post-6520272026
Schedule of Estimated Future Benefit Payments for Defined Benefit Pension and Postretirement Benefit Plans
The estimated future benefit payments for Mattel’s defined benefit pension and postretirement benefit plans are as follows:
Defined Benefit
Pension Plans		Postretirement
Benefit Plans
 (In thousands)
2021$47,473 $840 
202237,067 740 
202336,693 630 
202439,266 630 
202537,830 530 
2026 - 2030177,680 1,930 
Schedule of Plan Assets Measured and Reported in Financial Statements at Fair Value
Mattel’s defined benefit pension plan assets are measured and reported in the consolidated financial statements at fair value using inputs, which are more fully described in "Note 10 to the Consolidated Financial Statements—Fair Value Measurements," as follows:
 December 31, 2020
 Level 1Level 2Level 3Total
 (In thousands)
U.S. government and U.S. government agency securities$— $14,132 $— $14,132 
U.S. corporate debt instruments— 69,708 — 69,708 
International corporate debt instruments— 17,490 — 17,490 
Mutual funds (a)— — — 73,314 
Money market funds323 — — 323 
Other investments— 8,449 — 8,449 
Insurance "buy-in" policy— — 32,794 32,794 
Collective trust funds (a):
U.S. equity securities86,175 
International equity securities94,812 
International fixed income17,799 
Diversified funds42,884 
Total$323 $109,779 $32,794 $457,880 
 December 31, 2019
 Level 1Level 2Level 3Total
 (In thousands)
U.S. government and U.S. government agency securities$— $16,196 $— $16,196 
U.S. corporate debt instruments— 57,669 — 57,669 
International corporate debt instruments— 14,088 — 14,088 
Mutual funds (a)— — — 74,750 
Money market funds618 — — 618 
Other investments— 14,952 — 14,952 
Insurance "buy-in" policy— — 31,281 31,281 
Collective trust funds (a):
U.S. equity securities78,170 
International equity securities89,381 
International fixed income15,387 
Diversified funds39,255 
Total$618 $102,905 $31,281 $431,747 
(a)    These investments consist of privately placed funds that are valued based on net asset value per share. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the statement of financial position and its related disclosures.
Schedule of Assets Measured at Fair Value on a Recurring Basis Using Unobservable Inputs
The following table provides a reconciliation of the beginning and ending balances of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3):
Level 3
(in thousands)
Balance at December 31, 2018$29,857 
Purchases, sales, and settlements (a)— 
Change in fair value1,424 
Balance at December 31, 201931,281 
Purchases, sales, and settlements (a)— 
Change in fair value1,513 
Balance at December 31, 2020$32,794 
(a)    There were no purchases, sales, or settlements of Level 3 assets, or transfers in or out of Level 3, for the years ended December 31, 2020 and December 31, 2019.