The book value of operating lease liabilities reported in a company's balance sheet represents which of the following?

A. The present value of the remaining leased payments, as of the balance sheet date, on operating leases in force as of the balance sheet date.

B. The undiscounted amount of the remaining lease payments, as of the balance sheet date, on operating leases in force as of the balance sheet date.

C. The present value of all future lease payments, as of the balance sheet date, on operating leases in force as of the balance sheet date AND operating leases expected to be entered into the future.

D. The undiscounted amount of all future lease payments, as of the balance sheet date, on operating leases in force as of the balance sheet date and operating losses to be entered into in the future.