<ARTICLE> 5 <LEGEND> THIS SCHEDULE HAS 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> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 242,078 <SECURITIES> 0 <RECEIVABLES> 1,204,957 <ALLOWANCES> 135,951 <INVENTORY> 647,559 <CURRENT-ASSETS> 2,376,579 <PP&E> 1,195,036 <DEPRECIATION> 435,598 <TOTAL-ASSETS> 4,866,910 <CURRENT-LIABILITIES> 1,400,076 <BONDS> 1,184,311 <COMMON> 405,403 <PREFERRED-MANDATORY> 0 <PREFERRED> 780 <OTHER-SE> 1,720,925 <TOTAL-LIABILITY-AND-EQUITY> 4,866,910 <SALES> 878,959 <TOTAL-REVENUES> 878,959 <CGS> 440,462 <TOTAL-COSTS> 440,462 <OTHER-EXPENSES> 399,113 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 29,130 <INCOME-PRETAX> 10,254 <INCOME-TAX> 5,205 <INCOME-CONTINUING> 5,049 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,049 <EPS-BASIC> 0.01 <EPS-DILUTED> 0.01