Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2021

Schedule of Financial Assets and Liabilities

Mattel's financial assets and liabilities include the following:


	September 30, 2021
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange contracts and other (a)	$	—	$	15,564	$	—	$	15,564
Available-for-sale (b)	6,180		—		—		6,180
Total assets	$	6,180	$	15,564	$	—	$	21,744
Liabilities:
Foreign currency forward exchange contracts and other (a)	$	—	$	6,300	$	—	$	6,300

	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 (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

	December 31, 2020
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange contracts and other (a)	$	—	$	5,711	$	—	$	5,711
Available-for-sale (b)	4,268		—		—		4,268
Total assets	$	4,268	$	5,711	$	—	$	9,979
Liabilities:
Foreign currency forward exchange contracts and other (a)	$	—	$	25,494	$	—	$	25,494

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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.