<ARTICLE> 5 <LEGEND> THESE SCHEDULES HAVE BEEN RESTATED IN ACCORDANCE WITH REGULATION S-K, ITEM 601(c)(2)(iii) TO DISCLOSE THE EFFECT OF MATTEL, INC.'S POOLING OF INTERESTS WITH THE LEARNING COMPANY, INC. IN MAY 1999. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR YEAR <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1997 DEC-31-1996 <PERIOD-END> DEC-31-1998 DEC-31-1997 DEC-31-1996 <CASH> 469,213 883,903 811,284 <SECURITIES> 0 0 0 <RECEIVABLES> 1,275,128 1,331,723 1,096,877 <ALLOWANCES> 125,077 78,380 63,811 <INVENTORY> 644,270 468,226 463,212 <CURRENT-ASSETS> 2,635,306 2,933,089 2,543,256 <PP&E> 1,185,141 1,018,619 997,567 <DEPRECIATION> 422,020 377,990 356,605 <TOTAL-ASSETS> 5,147,385 4,512,843 4,607,008 <CURRENT-LIABILITIES> 1,643,034 1,468,783 1,375,871 <BONDS> 1,184,462 969,186 1,001,456 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 780 780 827 <COMMON> 405,114 379,011 369,190 <OTHER-SE> 1,764,909 1,553,547 1,739,770 <TOTAL-LIABILITY-AND-EQUITY> 5,147,385 4,512,843 4,607,008 <SALES> 5,621,207 5,455,547 5,064,860 <TOTAL-REVENUES> 5,621,207 5,455,547 5,064,860 <CGS> 2,707,904 2,635,887 2,474,782 <TOTAL-COSTS> 2,707,904 2,635,887 2,474,782 <OTHER-EXPENSES> 2,393,203 2,705,832 2,274,251 <LOSS-PROVISION> 0 0 0 <INTEREST-EXPENSE> 128,468 112,612 126,929 <INCOME-PRETAX> 391,632 1,216 188,898 <INCOME-TAX> 185,579 179,327 166,936 <INCOME-CONTINUING> 206,053 (178,111) 21,962 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 (4,610) 0 <CHANGES> 0 0 0 <NET-INCOME> 206,053 (182,721) 21,962 <EPS-BASIC> 0.51 (0.52) 0.04 <EPS-DILUTED> 0.47 (0.52) 0.04