Seasonal Financing and Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Mattel’s long-term debt consists of the following:

	Interest Rate		December 31, 2019			December 31, 2018
			(In thousands)
2010 Senior Notes due October 2020 and October 2040 (a)	4.35% - 6.20%		$	250,000		$	500,000
2011 Senior Notes due November 2041	5.45	%	300,000			300,000
2013 Senior Notes due March 2023	3.15	%	250,000			250,000
2016 Senior Notes due August 2021	2.35	%	—			350,000
2017/2018 Senior Notes due December 2025	6.75	%	1,500,000			1,500,000
2019 Senior Notes due December 2027	5.875	%	600,000			—
Debt issuance costs and debt discount			(53,249		)	(48,277		)
			2,846,751			2,851,723
Less: current portion			—			—
Total long-term debt			$	2,846,751		$	2,851,723

(a) Mattel’s 2010 Senior Notes bear a weighted-average interest rate of 5.31% and 5.28% for 2019 and 2018, respectively. In December 2019, Mattel repaid the 4.35% 2010 Senior Notes due October 2020. The 2010 Senior Notes due October 2040 bear interest at a fixed rate of 6.20%.

Schedule of Long-Term Debt Maturity

The aggregate principal amount of long-term debt maturing in the next five years and thereafter is as follows:

	2010 Senior Notes		2011 Senior Notes		2013 Senior Notes		2017/2018 Senior Notes		2019 Senior Notes		Total
	(In thousands)
2020	$	—	$	—	$	—	$	—	$	—	$	—
2021	—		—		—		—		—		—
2022	—		—		—		—		—		—
2023	—		—		250,000		—		—		250,000
2024	—		—		—		—		—		—
Thereafter	250,000		300,000		—		1,500,000		600,000		2,650,000
	$	250,000	$	300,000	$	250,000	$	1,500,000	$	600,000	$	2,900,000