Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The following tables present changes in the accumulated balances for each component of other comprehensive income (loss), including current period other comprehensive income (loss) and reclassifications from accumulated other comprehensive income (loss):


	For the Three Months Ended June 30, 2026
	Derivative Instruments		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of March 31, 2026	$	(7,766)	$	(124,645)	$	(750,875)	$	(883,286)
Other comprehensive income (loss) before reclassifications	(3,150)		82		922		(2,146)
Amounts reclassified from accumulated other comprehensive income (loss)	3,915		1,615		—		5,530
Net change in other comprehensive income (loss)	765		1,697		922		3,384
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2026	$	(7,001)	$	(122,948)	$	(749,953)	$	(879,902)


	For the Six Months Ended June 30, 2026
	Derivative Instruments		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2025	$	(16,716)	$	(126,212)	$	(747,638)	$	(890,566)
Other comprehensive income (loss) before reclassifications	3,979		836		(5,032)		(217)
Amounts reclassified from accumulated other comprehensive income (loss)	5,736		2,428		2,717		10,881
Net change in other comprehensive income (loss)	9,715		3,264		(2,315)		10,664
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2026	$	(7,001)	$	(122,948)	$	(749,953)	$	(879,902)


	For the Three Months Ended June 30, 2025
	Derivative Instruments		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of March 31, 2025	$	7,269	$	(138,378)	$	(815,478)	$	(946,587)
Other comprehensive income (loss) before reclassifications	(44,639)		25		61,940		17,326
Amounts reclassified from accumulated other comprehensive income (loss)	11,091		1,260		—		12,351
Net change in other comprehensive income (loss)	(33,548)		1,285		61,940		29,677
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2025	$	(26,279)	$	(137,093)	$	(753,538)	$	(916,910)


	For the Six Months Ended June 30, 2025
	Derivative Instruments		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2024	$	14,307	$	(139,663)	$	(869,096)	$	(994,452)
Other comprehensive income (loss) before reclassifications	(53,862)		63		115,558		61,759
Amounts reclassified from accumulated other comprehensive income (loss)	13,276		2,507		—		15,783
Net change in other comprehensive income (loss)	(40,586)		2,570		115,558		77,542
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2025	$	(26,279)	$	(137,093)	$	(753,538)	$	(916,910)

Schedule of Consolidated Statement of Operations Line Items Affected by Reclassifications from Accumulated Other Comprehensive Income (Loss)

The following tables present the classification and amount of the reclassifications from accumulated other comprehensive income (loss) to the consolidated statements of operations:


	For the Three Months Ended
	June 30, 2026		June 30, 2025		Statements of Operations Classification
	(In thousands)
Derivative Instruments:
Loss on foreign currency forward exchange and other contracts	$	(3,983)	$	(11,127)	Cost of sales
Tax effect	68		36		Provision for/benefit from income taxes
	$	(3,915)	$	(11,091)	Net income/loss
Employee Benefit Plans:
Amortization of prior service (cost) credit (a)	$	(49)	$	449	Other non-operating income/expense, net
Recognized actuarial loss (a)	(2,042)		(2,102)		Other non-operating income/expense, net

	(2,091)		(1,653)
Tax effect	476		393		Provision for/benefit from income taxes
	$	(1,615)	$	(1,260)	Net income/loss


	For the Six Months Ended
	June 30, 2026		June 30, 2025		Statements of Operations Classification
	(In thousands)
Derivative Instruments:
Loss on foreign currency forward exchange and other contracts	$	(5,835)	$	(13,315)	Cost of sales
Tax effect	99		39		Provision for/benefit from income taxes
	$	(5,736)	$	(13,276)	Net income/loss
Employee Benefit Plans:
Amortization of prior service (cost) credit (a)	$	(98)	$	900	Other non-operating income/expense, net
Recognized actuarial loss (a)	(4,084)		(4,194)		Other non-operating income/expense, net

	(4,182)		(3,294)
Tax effect	1,754		787		Provision for/benefit from income taxes
	$	(2,428)	$	(2,507)	Net income/loss

(a)The amortization of prior service (cost) credit and recognized actuarial loss are included in the computation of net periodic benefit cost. Refer to "Note 16 to the Consolidated Financial Statements—Employee Benefit Plans" for additional information regarding Mattel's net periodic benefit cost.