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Leases
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases Leases
The following table summarizes Mattel's right-of-use assets and liabilities and other information about its leases:
December 31,
2025		December 31,
2024
 (In thousands, except years and percentage information)
Right-of-use assets, net$319,548 $326,394 
Accrued liabilities83,242 74,755 
Noncurrent lease liabilities268,351 278,174 
Total lease liabilities$351,593 $352,929 
Weighted-average remaining lease term6.0 years6.4 years
Weighted-average discount rate8.7 %6.6 %
Lease costs were as follows:
For the Year Ended
December 31,
2025		December 31,
2024		December 31,
2023
 (In thousands)
Lease costs (a) (b)$137,440 $132,899 $127,850 
(a)    Includes short-term and variable lease costs of approximately $30 million, $34 million, and $36 million for 2025, 2024, and 2023, respectively. Variable lease costs primarily relate to variable components of third-party logistics rental charges, common area maintenance charges, management fees, and taxes.
(b) Contingent rental expense is recorded in the period in which the contingent event becomes probable. During 2025, 2024, and 2023, contingent rental expense was not material.
Supplemental information related to leases were as follows:
For the Year Ended
December 31,
2025		December 31,
2024		December 31,
2023
 (In thousands)
Cash payments for leases$103,571 $95,827 $98,453 
Right-of-use assets obtained in exchange for new and modified lease liabilities67,852 97,809 71,375 
The following table shows the future maturities of lease liabilities for leases in effect as of December 31, 2025:
Years Ending December 31,Lease Liabilities
(In thousands)
2026$105,610 
202776,830 
202857,231 
202944,951 
203042,774 
Thereafter115,057 
442,453 
Less: imputed interest(90,860)
$351,593 
Mattel has entered into a lease agreement for a premise to be used in the normal course of business which had not yet commenced as of December 31, 2025. The future minimum obligation related to this lease agreement is $33.4 million.