v3.22.4
Property, Plant, and Equipment
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment Property, Plant, and Equipment
Property, plant, and equipment, net includes the following:
 December 31,
2022
December 31,
2021
 (In thousands)
Land$18,045 $21,811 
Buildings303,827 317,114 
Machinery and equipment654,437 762,462 
Software336,716 348,062 
Tools, dies, and molds510,398 537,499 
Leasehold improvements104,135 115,844 
Construction in progress79,742 55,559 
2,007,300 2,158,351 
Less: accumulated depreciation(1,538,168)(1,702,385)
$469,132 $455,966 
During the second quarter of 2022, Mattel completed the sale of the American Girl corporate offices and a distribution center located in Middleton, Wisconsin, which included land and buildings. Mattel received net proceeds from the sale of $23.8 million, which resulted in a pre-tax gain of $15.2 million, recorded in other selling and administrative expenses in the consolidated statement of operations.
During the first quarter of 2021, Mattel completed the sale of a manufacturing plant located in Mexico, which included land and buildings. Mattel received net proceeds from the sale of $24.8 million, which resulted in a pre-tax gain of $15.8 million, recorded in other selling and administrative expenses in the consolidated statement of operations.