Ford Motor Co. said today that it’s issuing new automotive debt for the first time in almost four years as the company boosts spending on self-driving cars, mobility services and electrified vehicles.

The second-largest U.S. automaker is taking on an unspecified amount of debt in 10-year and 30-year notes, according to a regulatory filing. Ford’s last automotive debt issue was for $2 billion in January 2013. The company said its auto business had $13.1 billion in debt at the end of September and net cash of $11.2 billion.

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