<ARTICLE> 5
<LEGEND> THESE SCHEDULES HAVE BEEN RESTATED IN ACCORDANCE WITH REGULATION S-K,
ITEM 601(c)(2)(iii) TO DISCLOSE EARNINGS PER SHARE AS REQUIRED BY
STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 128, "EARNINGS
PER SHARE" AND THE EFFECT OF MATTEL, INC.'S POOLING OF INTERESTS
WITH TYCO TOYS, INC. IN MARCH 1997.
<RESTATED>
<MULTIPLIER> 1,000
<PERIOD-TYPE> 3-MOS 6-MOS 9-MOS
<FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996 DEC-31-1996
<PERIOD-END> MAR-31-1996 JUN-30-1996 SEP-30-1996
<CASH> 68,036 91,996 126,924
<SECURITIES> 0 0 0
<RECEIVABLES> 908,194 1,153,917 1,593,323
<ALLOWANCES> 19,345 18,152 20,842
<INVENTORY> 498,197 562,922 566,625
<CURRENT-ASSETS> 1,658,419 2,016,285 2,506,651
<PP&E> 849,431 883,684 916,059
<DEPRECIATION> 293,771 306,516 321,781
<TOTAL-ASSETS> 3,004,911 3,377,698 3,899,300
<CURRENT-LIABILITIES> 708,514 963,625 1,552,529
<BONDS> 626,841 626,878 521,377
<COMMON> 296,091 296,091 296,091
<PREFERRED-MANDATORY> 0 0 0
<PREFERRED> 53 827 827
<OTHER-SE> 1,270,896 1,386,383 1,419,994
<TOTAL-LIABILITY-AND-EQUITY> 3,004,911 3,377,698 3,899,300
<SALES> 683,999 1,605,582 3,103,498
<TOTAL-REVENUES> 683,999 1,605,582 3,103,498
<CGS> 361,125 846,684 1,593,827
<TOTAL-COSTS> 361,125 846,684 1,593,827
<OTHER-EXPENSES> 274,184 595,628 1,049,974
<LOSS-PROVISION> 0 0 0
<INTEREST-EXPENSE> 19,893 41,883 70,134
<INCOME-PRETAX> 28,797 121,387 389,563
<INCOME-TAX> 8,263 37,483 124,284
<INCOME-CONTINUING> 20,534 83,904 265,279
<DISCONTINUED> 0 0 0
<EXTRAORDINARY> 0 0 0
<CHANGES> 0 0 0
<NET-INCOME> 20,534 83,904 265,279
<EPS-PRIMARY> 0.07 0.28 0.89
<EPS-DILUTED> 0.07 0.28 0.88
<FN>
Notes -
Amounts disclosed as EPS-Primary and EPS-Diluted represent Basic and
Diluted Earnings per Share as required by Statement of Financial
Accounting Standards No. 128 "Earnings per Share."
Diluted earnings per share for the quarters ended March 31 and June 30,
1996 have been submitted in accordance with Regulation S-K, Item 601(b)(11),
although it is contrary to paragraph 13 of FAS No. 128 because it
produces an anti-dilutive result.