When ATP Is Split into ADP and P_i, What Happens

When ATP is split into ADP and P_i, what happens to the energy that gets released?

A) The energy is transferred to the target molecule via the transfer of P_i.
B) The energy is directly transferred to the target molecule by an unknown mechanism.
C) The two remaining phosphates acquire the energy that was present in the linkage of three phosphates.
D) The energy dissipates in the form of heat.