Property, Plant, and Equipment

9 Months Ended

Sep. 30, 2021

Property, Plant and Equipment [Abstract]

Property, plant, and equipment, net includes the following:


	September 30, 2021		September 30, 2020		December 31, 2020
	(In thousands)
Land	$	21,817	$	24,906	$	24,913
Buildings	321,478		334,466		335,407
Machinery and equipment	774,792		750,119		772,349
Software	350,592		346,127		344,268
Tools, dies, and molds	607,226		608,301		607,915
Leasehold improvements	118,590		134,696		131,578
	2,194,495		2,198,615		2,216,430
Less: accumulated depreciation	(1,738,606)		(1,736,094)		(1,742,636)
	$	455,889	$	462,521	$	473,794

During the three months ended March 31, 2021, Mattel completed the sale of a manufacturing plant based in Mexico, which included land and buildings, resulting in a pre-tax gain of $15.8 million. The assets sold were previously designated as held for sale, and included within property, plant, and equipment, net in the consolidated balance sheets as of December 31, 2020 and September 30, 2020.