Property, Plant, and Equipment

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment

Property, Plant, and Equipment

Property, plant, and equipment, net includes the following: 

	March 31, 2020			March 31, 2019			December 31, 2019
	(In thousands)
Land	$	24,856		$	25,071		$	25,112
Buildings	297,910			298,022			302,956
Machinery and equipment	769,761			885,178			812,509
Software	367,143			398,071			364,391
Tools, dies, and molds	719,615			814,078			747,706
Leasehold improvements	179,872			241,769			183,250
	2,359,157			2,662,189			2,435,924
Less: accumulated depreciation	(1,839,380		)	(2,039,938		)	(1,885,785		)
	$	519,777		$	622,251		$	550,139

During the three months ended December 31, 2019, in conjunction with the Capital Light program, Mattel discontinued production at one of its plants based in Mexico and has committed to a plan to dispose of the land and building. These assets meet the held for sale criteria, are actively being marketed for sale, and are included within property, plant and equipment, net in the consolidated balance sheets.