<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