Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Mattel’s financial assets and liabilities include the following:

	December 31, 2019
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange contracts (a)	$	—	$	15,002	$	—	$	15,002
Available-for-sale (b)	3,530		—		—		3,530
Total assets	$	3,530	$	15,002	$	—	$	18,532
Liabilities:
Foreign currency forward exchange contracts (a)	$	—	$	2,976	$	—	$	2,976

	December 31, 2018
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange contracts (a)	$	—	$	16,092	$	—	$	16,092
Available-for-sale (b)	5,243		—		—		5,243
Total assets	$	5,243	$	16,092	$	—	$	21,335
Liabilities:
Foreign currency forward exchange contracts (a)	$	—	$	2,910	$	—	$	2,910

(a) The fair value of the foreign currency forward exchange contracts 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.