Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities

Mattel's financial assets and liabilities include the following:

	September 30, 2022
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange contracts and other (a)	$	—	$	53,576	$	—	$	53,576
Equity securities (b)	3,360		—		—		3,360
Total assets	$	3,360	$	53,576	$	—	$	56,936
Liabilities:
Foreign currency forward exchange contracts and other (a)	$	—	$	5,828	$	—	$	5,828
	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
Equity securities (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
	December 31, 2021
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange contracts and other (a)	$	—	$	18,075	$	—	$	18,075
Equity securities (b)	5,343		—		—		5,343
Total assets	$	5,343	$	18,075	$	—	$	23,418
Liabilities:
Foreign currency forward exchange contracts and other (a)	$	—	$	3,810	$	—	$	3,810

(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 equity securities is based on the quoted price on an active public exchange.