Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities

	September 30, 2023
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange and other contracts (a)	$	—	$	14,574	$	—	$	14,574
Liabilities:
Foreign currency forward exchange and other contracts (a)	$	—	$	2,334	$	—	$	2,334
	September 30, 2022
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange and other contracts (a)	$	—	$	53,576	$	—	$	53,576
Available-for-sale (b)	3,360		—		—		3,360
Total assets	$	3,360	$	53,576	$	—	$	56,936
Liabilities:
Foreign currency forward exchange and other contracts (a)	$	—	$	5,828	$	—	$	5,828
	December 31, 2022
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange and other contracts (a)	$	—	$	17,563	$	—	$	17,563
Liabilities:
Foreign currency forward exchange and other contracts (a)	$	—	$	10,754	$	—	$	10,754

(a)The fair value of the foreign currency forward exchange and other contracts was 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 was based on the quoted price on an active public exchange.